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inflation burden. We use micro price data for food products sold by 91 large multi-channel retailers in ten countries between …
Persistent link: https://www.econbiz.de/10014576655
I suppose that consumers see a firm as fair if they cannot reject the hypothesis that the firm is somewhat benevolent towards them. Consumers that can reject this hypothesis become angry, which is costly to the firm. I show that firms that wish to avoid this anger will keep their prices rigid...
Persistent link: https://www.econbiz.de/10012467772
fairness to their consumers. The theory relies on two psychological assumptions. First, customers care about the fairness of …
Persistent link: https://www.econbiz.de/10012453933
This paper estimates the impact on consumer behavior of a firm's voluntary disclosure of information. Specifically, we study the impact of Starbucks' disclosure of calorie information on its menu boards in June 2013. Using data on over 250,000 consumers' visits to specific restaurant chains, we...
Persistent link: https://www.econbiz.de/10012599370
Using novel data describing the healthfulness of household food purchases and the retail landscapes consumers face, we …
Persistent link: https://www.econbiz.de/10012457540
similar non-chefs. We extend our analysis to cover 50 retail health categories and 241 food and drink categories. The results …, and a much smaller share for most food and drink products. We tie our estimates together using a stylized model of demand …
Persistent link: https://www.econbiz.de/10012458372
We study the effects of receipts that include personalized ordering suggestions designed to reduce fat and calorie consumption on purchasing behavior at a restaurant chain. We find that customers, in the aggregate, made most of the item substitutions that were encouraged by the messages, such as...
Persistent link: https://www.econbiz.de/10012459009
We study the effect on nutrition of an exogenous increase in food grain subsidy in rural India resulting from a program … targeting the poor. Our analysis suggests that increase in income resulting from the food price subsidy changed consumption … in poor households. Further, our analysis shows that households allocated some of the increase in income from food price …
Persistent link: https://www.econbiz.de/10012459257
Healthy food choices are a canonical example used to illustrate the importance of time preferences in behavioral … food choice, capturing a number of behaviors consistent with self-control problems, which provides direct evidence for the …
Persistent link: https://www.econbiz.de/10014372483
This is an invited chapter for the forthcoming Volume 4 of the Handbook of Industrial Organization. We present empirical models of demand and supply in differentiated products industries with an emphasis on the key ideas arising from the recent applied literature. We start with a discussion of...
Persistent link: https://www.econbiz.de/10012629477