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consumption on purchasing behavior at a restaurant chain. We find that customers, in the aggregate, made most of the item … potential of emerging information technologies, which allow retailers to tailor product marketing to individual consumers, to …
Persistent link: https://www.econbiz.de/10012459009
We investigate the informativeness of hygiene signals in online reviews, and their effect on consumer choice and … restaurant hygiene. We first extract signals of hygiene from Yelp. Among all dimensions that regulators monitor through mandated … restaurant inspections, we find that reviews are more informative about hygiene dimensions that consumers directly experience …
Persistent link: https://www.econbiz.de/10012938684
restaurant food, but it remains unclear the extent to which this information disclosure affects consumer knowledge. This paper … fills that gap by estimating the impact of information disclosure on consumer knowledge through a randomized controlled … field experiment of calorie labels on the menus of a full-service restaurant. The results indicate that information …
Persistent link: https://www.econbiz.de/10012481709
The impact of information on consumer behavior is a classic topic in economics, and there has recently been particular … generally contribute to the literature on the impact of information disclosure on consumer behavior … interest in whether providing nutritional information leads consumers to choose healthier diets. For example, a nationwide …
Persistent link: https://www.econbiz.de/10012452834
and social frictions influence restaurant visits within New York City. Transit time plays a first-order role in … on restaurant choices: individuals are less likely to visit venues in neighborhoods demographically different from their … restaurant consumption in New York City is only about half as segregated as residences. Consumption segregation owes more to …
Persistent link: https://www.econbiz.de/10012453889
consumer patronage through the mechanism of repugnance, as described in Roth (2007). The information in this case concerns the … Subway restaurant. These results contrast with past studies of negative information disclosure, which tend to find negative …Economics has long studied how consumers respond to the disclosure of information about firms. We study a case in which …
Persistent link: https://www.econbiz.de/10014421207
traditional market-level data and measures of consumer search intensity. After presenting simulation studies, we consider an …
Persistent link: https://www.econbiz.de/10012794558
This paper reports estimates of consumers' preferences for plans to improve food safety. The plans are distinguished …
Persistent link: https://www.econbiz.de/10012464359
: consumer surplus from a hospital demand system and the fraction of population hospital admissions that would be covered by the … consumer willingness-to-pay for network breadth, which varies by age. 60-year-olds value the broadest network approximately …
Persistent link: https://www.econbiz.de/10012457854
A vibrant literature has emerged that suggests willingness to pay and willingness to accept measures of value are quite different for inexperienced consumers but that value differences erode with market experience. One potential shortcoming of this literature is that market experience is...
Persistent link: https://www.econbiz.de/10012461749