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Did the introduction of the euro lead to money illusion? Empirical evidence from Germany

Bittschi, Benjamin; Duppel, Saskia - 2015

Using the introduction of the euro as a natural experiment, we provide economy-wide evidence for money illusion based … on declared donations from German administrative income tax data. Our results suggest a magnitude of the money illusion … effect between 2.4% and 7.6%. Compared to previous studies on money illusion in the course of the euro currency changeover …

Persistent link: https://www.econbiz.de/10011314567

General knowledge about climate change, factors influencing risk perception and willingness to insure

Menny, Claas; Osberghaus, Daniel; Pohl, Max; Werner, Ute - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011

In two empirical surveys in Germany the link between the information respondents have about climate change and their risk perception of the phenomenon was analysed. We found that a better understanding of the effects of climate change might lead to a decrease of the perceived hazard. In...

Persistent link: https://www.econbiz.de/10009369497

Small is beautiful: Experimental evidence of donors' preferences for charities

Borgloh, Sarah; Dannenberg, Astrid; Aretz, Bodo - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010

This paper studies the effect of information about a charity's size on individuals' donations to that charity. We conducted a framed field experiment with a non-student sample, in which subjects had the opportunity to donate for various charitable purposes. The results show that if subjects are...

Persistent link: https://www.econbiz.de/10008646447

Individual adaptation to climate change: The role of information and perceived risk

Osberghaus, Daniel; Finkel, Elyssa; Pohl, Max - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010

Given that many of the predicted effects of climate change are considered imminent and unavoidable, the need to mainstream adaptation as a viable coping measure among private households is becoming a topic of increasing importance. However, little research to date has assessed the factors...

Persistent link: https://www.econbiz.de/10008694124

Money and privacy: Android market evidence

Kummer, Michael; Schulte, Patrick - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014

We study the role of privacy in the market for mobile applications. For such programs used with smartphones and tablet PCs a very important market has emerged. Yet, neither the role of privacy on that market is well understood, nor do we have empirical evidence regarding its role therein. We...

Persistent link: https://www.econbiz.de/10011139788

Centrality and content creation in networks: The case of German Wikipedia

Kummer, Michael E.; Saam, Marianne; Halatchliyski, Iassen; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

When contributing content on large online platforms, producers of user-generated content have to decide where to contribute. On a complex and dynamic platform like Wikipedia, this decision is expected to depend on the way the content is organized. We analyse whether the hyperlinks on Wikipedia...

Persistent link: https://www.econbiz.de/10010957622

Resale price maintenance and manufacturer competition for retail services

Hunold, Matthias; Muthers, Johannes - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

We investigate the incentives of manufacturers to use resale price maintenance (RPM) when selling products through common retailers. In our model retailers provide product specific pre-sales services. If the competitive retail margins are low, each manufacturer fixes a minimum price to induce...

Persistent link: https://www.econbiz.de/10010957630

Centrality and content creation in networks: The case of German Wikipedia

Kummer, Michael E.; Saam, Marianne; Halatchliyski, Iassen; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

Persistent link: https://www.econbiz.de/10010957717

Exposure to television and individual beliefs: Evidence from a natural experiment

Hennighausen, Tanja - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

Does the information provided by mass media have the power to persistently affect individual beliefs about the drivers of success in life? To answer this question empirically, this contribution exploits a natural experiment on the reception of West German television in the former German...

Persistent link: https://www.econbiz.de/10010957728

Adverse selection and moral hazard in anonymous markets

Klein, Tobias J.; Lambertz, Christian; Stahl, Konrad O. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

We study the effects of improvements in eBay's rating mechanism on seller exit and continuing sellers' behavior. Following a large sample of sellers over time, we exploit the fact that the rating mechanism was changed to reduce strategic bias in buyer rating. That improvement did not lead to...

Persistent link: https://www.econbiz.de/10010985709