Showing 1 - 10 of 1,047
With a large nationwide retailer, we run a natural field experiment to measure the effects of energy use information … comply only partially with the experiment, targeting information at more interested consumers but not discussing energy …
Persistent link: https://www.econbiz.de/10012458616
We use a theory of apologies to design a nationwide field experiment involving 1.5 million Uber ridesharing consumers … who experienced late rides. Several insights emerge from our field experiment. First, apologies are not a panacea: the …
Persistent link: https://www.econbiz.de/10012479628
This study considers the role that seller motivation plays in determining sales price and selling time. We find that sale prices are directly related to the estimated value of the property and to the amount of over-pricing, which is directly related to the seller's level of motivation. Further,...
Persistent link: https://www.econbiz.de/10012473818
We study the performance of small retail sales teams facing an incentive scheme that includes both a lump sum bonus and multiple accelerators (kinks where the piece rate jumps upward). Consistent with standard labor supply models, we find that the presence of an attainable bonus or kink on a...
Persistent link: https://www.econbiz.de/10012482702
In a search model, prospects encounter salespeople who can try to persuade them. Persuasive messages can increase the … utility of buying or increase the cost of not buying. The latter reduces welfare. Equilibria where only some salespeople make … a persuasive effort often exist. Salespeople vary in their empathy, and choose their jobs accordingly. When all …
Persistent link: https://www.econbiz.de/10012462677
Sales agents are impatient relative to owners. If a good fails to sell, the owner still retains possession of that good and can enjoy its services, whereas the agent receives nothing. As a consequence, sales agents prefer a lower price than does an owner. Owners are therefore reluctant to...
Persistent link: https://www.econbiz.de/10012458136
effects of fake reviews on individual demand and welfare. We conduct an incentive-compatible online experiment with a …
Persistent link: https://www.econbiz.de/10014436967
. We conduct a randomized field experiment in northern China using three types of SMS campaigns targeting three potential …
Persistent link: https://www.econbiz.de/10014436972
behavioral change. In a field experiment with around 1,000 participants, we directly observe the interventions' effects on …
Persistent link: https://www.econbiz.de/10014436976
We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where …
Persistent link: https://www.econbiz.de/10014372499