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The pricing and advertising of tied add-ons and overages have come under increasing scrutiny. Working with a large Turkish bank to test SMS direct marketing promotions to 108,000 existing holders of "free" checking accounts, we find that promoting a large discount on the 60% APR charged for...
Persistent link: https://www.econbiz.de/10012457710
This is the first paper to investigate the determinants of the demand for medical care in the People's Republic of … care spending, and price. A two-part model and a discrete factor model are used in the estimation. Household … characteristics and work conditions impact the demand for medical care. Income elasticity is around 0.3, indicating medical care is a …
Persistent link: https://www.econbiz.de/10012471094
approximately $140 million or 7.5 percent of current coverage. As expected, tax effects vary with the elasticity of demand. When … demand is largely inelastic, e.g., automobile liability coverage, taxes do not affect self-insurance …
Persistent link: https://www.econbiz.de/10012471330
In recent years, numerous cities in the U.S. have enacted taxes on beverages to promote health and raise revenue. This paper examines the impact of Philadelphia's beverage tax, enacted in 2017, on the prices and availability of taxed beverages and untaxed beverages that may be substitutes for...
Persistent link: https://www.econbiz.de/10012480643
This paper uses fare changes in Mexico City, Guadalajara, and Monterrey to estimate the price elasticity of demand for …
Persistent link: https://www.econbiz.de/10012482462
Exploiting a rich data set of passenger vehicle registrations in twenty U.S. metropolitan statistical areas from 1997 to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline prices affect fleet fuel economy through two channels: (1)...
Persistent link: https://www.econbiz.de/10012464197
. We then describe the patterns found in the data and argue that firm and market specific demand shocks help explain a …
Persistent link: https://www.econbiz.de/10012464948
We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise … elasticity of demand under increasing-block prices and compare conditional and unconditional elasticities analytically and …
Persistent link: https://www.econbiz.de/10012465074
consumers, providing an efficiency justification for across-market mergers. The methods we propose can estimate demand for other …
Persistent link: https://www.econbiz.de/10012466240
This paper provides an empirical estimate of price' and risk' elasticities of demand for term life insurance for those …
Persistent link: https://www.econbiz.de/10012468772