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Quantifying Brand Loyalty : Evidence from the Cigarette Market
DeCicca, Philip; Kenkel, Donald Scott; Liu, Feng; … - National Bureau of Economic Research - 2021
We exploit a quasi-experiment created when New York State began in 2011 to tax cigarettes sold on Native American Reservations. The regime change represents a unique opportunity to quantify brand loyalty because it almost doubled the price of premium-brand cigarettes, while Native brands were...
Persistent link: https://www.econbiz.de/10012510568
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The Effect of Stock Ownership on Individual Spending and Loyalty
Medina, Paolina C.; Mittal, Vrinda; Pagel, Michaela - National Bureau of Economic Research - 2021
In this study, we quantify the effects of receiving stocks from certain brands on spending in the brand's stores. We use data from a new FinTech company called Bumped that opens brokerage accounts for its users and rewards them with stocks when they shop at previously elected stores. For...
Persistent link: https://www.econbiz.de/10012482694
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Brand Loyalty, Generic Entry and Price Competition in Pharmaceuticals in the Quarter Century After the 1984 Waxman-Hatch Legislation
Berndt, Ernst R. - 2010
The landmark Waxman-Hatch Act of 1984 represented a "grand compromise" legislation that sought to balance incentives for innovation by establishing finite periods of market exclusivity yet simultaneously providing access to lower cost generics expeditiously following patent expiration. Here we...
Persistent link: https://www.econbiz.de/10012462225
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Search Fatigue
Carlin, Bruce Ian - 2012
Consumer search is not only costly but also tiring. We characterize the intertemporal effects that search fatigue has on oligopoly prices, product proliferation, and the provision of consumer assistance (i.e., advice). These effects vary based on whether search is all-or-nothing or sequential in...
Persistent link: https://www.econbiz.de/10012460765
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Nonparametric Estimation of Demand with Switching Costs : the Case of Habitual Brand Loyalty
Kong, Xinyao; Dubé, Jean-Pierre H.; Daljord, Øystein - National Bureau of Economic Research - 2024
We study habitual brand loyalty, one of the earliest empirically-studied forms of switching costs and a classic source of structural state-dependence in consumer demand. Auxiliary instruments and economically-motivated restrictions can tighten nonparametric bounds on the extent of brand loyalty...
Persistent link: https://www.econbiz.de/10015072935
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Making Teaching Last : Long-Run Value-Added
Gilraine, Michael; Pope, Nolan G. - National Bureau of Economic Research - 2021
Teacher value-added (VA) measures how teachers improve their students' contemporaneous test scores. Many teachers, however, argue that contemporaneous test scores are a poor proxy for their permanent influence on students. This paper considers a new VA measure -- 'long-run VA' -- that captures...
Persistent link: https://www.econbiz.de/10012794583
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Trading Up and the Skill Premium
Jaimovich, Nir - 2019
We study the impact on the skill premium of increases in the quality of goods consumed by households ("trading up …"). Our empirical work shows that high- quality goods are more intensive in skilled labor than low-quality goods and that … household spending on high-quality goods rises with income. We propose a model consistent with these facts. This model accounts …
Persistent link: https://www.econbiz.de/10012479881
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Do Report Cards Predict Future Quality? The Case of Skilled Nursing Facilities
Cornell, Portia Y. - 2019
the market for quality. However, inadequate risk adjustment of report-card measures often biases comparisons across …
Persistent link: https://www.econbiz.de/10012479890
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Primary Care Physician Practice Styles and Patient Care : Evidence from Physician Exits in Medicare
Fadlon, Itzik - 2019
large effects on the quality of care that patients receive, and that all of these effects persist for several years. Our … results suggest that switching to higher-quality PCPs could significantly affect patients' longer-run health outcomes …
Persistent link: https://www.econbiz.de/10012480213
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What is a Good School, and Can Parents Tell? Evidence on the Multidimensionality of School Output
Beuermann, Diether - 2018
outcomes, proximity, and even peer quality. Parents also value schools that reduce crime and increase formal labor market …
Persistent link: https://www.econbiz.de/10012480993