selected consumers into Berry, Levinsohn, and Pakes (1995)-style estimates of differentiated products demand systems. We extend …

We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where …, like many contexts, consumers are poorly informed and make mistakes despite freely-available information. We find consumers … mistakes: a conventional subsidy for energy-efficient products and a non-traditional subsidy paying consumers to view …

consumer discrimination and incomplete information about the price of the good and the race of the seller. Equilibrium income …

's willingness to pay. We analyze whether dealers' difficulty in identifying consumer characteristics on the Internet and consumers … offline African-American and Hispanic consumers pay approximately 2% more than other consumers, however, we can explain 65% of … discrimination. The second part of the paper turns to the role of the Internet. Online minority buyers who use the Internet Referral …

-specific characteristics such as the level of political freedom are taken into account. Political freedom is shown to explain terrorism, but it … does so in a non-monotonic way: countries in some intermediate range of political freedom are shown to be more prone to … terrorism than countries with high levels of political freedom or countries with highly authoritarian regimes. This result …