Showing 1 - 10 of 691
Digital technologies and fintech firms have rapidly reshaped the consumer financial landscape in recent years, and have the potential to help consumers make better decisions and improve their financial health. Existing technologies such as autopay are also experiencing increased takeup, a trend...
Persistent link: https://www.econbiz.de/10014528372
Cigarettes are experience goods - most of their utility value only gets revealed when one consumes them. We hypothesize a three phase consumer life cycle for experience goods. Consumers initially do not know their utility from the good or their preferences for particular characteristics, and may...
Persistent link: https://www.econbiz.de/10012459352
central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating … Islamic calendar. We report two key, quantitatively meaningful results: 1) longer Ramadan fasting has a negative effect on …
Persistent link: https://www.econbiz.de/10012458895
new puzzle: such an intellectual tradition did not exist in the Islamic world, even if the potential for abuse was … Islamic law (the Sharia) being far more encompassing than Western law, making it easier for citizens to identify abuses of … power and use collective action to discipline them. We study how the relative homogeneity and solidarity of Islamic society …
Persistent link: https://www.econbiz.de/10014226113
The explosion in the 21st century of terrorist activities by Islamic radicals in the United States, Europe and Asia …
Persistent link: https://www.econbiz.de/10012464918
A full understanding of how gasoline prices affect consumer behavior frequently requires information on how consumers forecast future gasoline prices. We provide the first evidence on the nature of these forecasts by analyzing two decades of data on gasoline price expectations from the Michigan...
Persistent link: https://www.econbiz.de/10012461678
Consumer choices are increasingly mediated by algorithms, which use data on those past choices to infer consumer preferences and then curate future choice sets. Behavioral economics suggests one reason these algorithms so often fail: choices can systematically deviate from preferences. For...
Persistent link: https://www.econbiz.de/10014226178
We document the diffusion of nebulized ibuprofen in Argentina as a treatment for COVID-19. As the pandemic spread, this clinically unsupported drug reached thousands of patients, even some seriously ill, despite warnings by the regulator and medical societies. Detailed daily data on deliveries...
Persistent link: https://www.econbiz.de/10014421206
This paper provides new evidence on a long-standing question asked by Shiller (1997): Why do we dislike inflation? I conducted two surveys on representative samples of the US population to elicit people's perceptions about the impacts of inflation and their reactions to it. The predominant...
Persistent link: https://www.econbiz.de/10014528340
We study the long-run evolution of brand preferences, using new data on consumers' life histories and purchases of consumer packaged goods. Variation in where consumers have lived in the past allows us to isolate the causal effect of past experiences on current purchases, holding constant...
Persistent link: https://www.econbiz.de/10012462389