Narrow search
Showing 1 - 10 of 13,820
Cover Image
An Appropriate Model for the Estimation of Consumer Time Expenditure Patterns on the Internet
Cooper, Russel - Institute for Prospective Technological Studies (IPTS), … - 2013
IPTS recently acquired a consumer internet clickstream database containing the full set of annual (2011) clickstream … records for about 25.000 internet users in the five largest EU economies (UK, Germany, France, Italy and Spain). It contains … time spend on each webpage and socio-economic characteristics of the internet users. This study describes a model of …
Persistent link: https://www.econbiz.de/10011170076
Cover Image
Nudging Energy Efficiency Behavior: The Role of Information Labels
Newell, Richard; Siikamäki, Juha - National Bureau of Economic Research (NBER) - 2013
We evaluate the effectiveness of energy efficiency labeling in guiding household decisions. Using a carefully designed choice experiment with alternative labels, we disentangle the relative importance of different types of information and intertemporal behavior (i.e., discounting) in guiding...
Persistent link: https://www.econbiz.de/10011119792
Cover Image
Who Is (More) Rational?
Choi, Syngjoo; Kariv, Shachar; Wieland M?ller; … - In: American Economic Review 104 (2014) 6, pp. 1518-50
Revealed preference theory offers a criterion for decision-making quality: if decisions are high quality then there exists a utility function the choices maximize. We conduct a large-scale experiment to test for consistency with utility maximization. Consistency scores vary markedly within and...
Persistent link: https://www.econbiz.de/10010777186
Cover Image
Nudging Energy Efficiency Behavior: The Role of Information Labels
Newell, Richard G.; Siikamäki, Juha - 2013
We evaluate the effectiveness of energy efficiency labeling in guiding household appliance choice decisions. Using a carefully designed choice experiment with several alternative labeling treatments, we disentangle the relative importance of different types of information and intertemporal...
Persistent link: https://www.econbiz.de/10010676255
Cover Image
Conspicuous Consumption and Race
Hurst, Erik; Charles, Kerwin Kofi; Roussanov, Nikolai - National Bureau of Economic Research (NBER) - 2007
Using nationally representative data on consumption, we show that Blacks and Hispanics devote larger shares of their expenditure bundles to visible goods (clothing, jewelry, and cars) than do comparable Whites. We demonstrate that these differences exist among virtually all sub-populations, that...
Persistent link: https://www.econbiz.de/10005720072
Cover Image
Stochastic Dynamic Model on the Consumption – Saving Decision for Adjusting Products and Services Supply According with Consumers` Attainability
Prelipcean, Gabriela; Boscoianu, Mircea - In: The AMFITEATRU ECONOMIC journal 16 (2014) 35, pp. 201-201
The recent crisis and turbulences have significantly changed the consumers’ behavior, especially through its access possibility and satisfaction, but also the new dynamic flexible adjustment of the supply of goods and services. The access possibility and consumer satisfaction should be...
Persistent link: https://www.econbiz.de/10010760084
Cover Image
Consumer behaviour: evolution of preferences and the search for novelty
Garcia-Torres, Abraham - United Nations University-Maastricht Economic Research … - 2009
Evolution of consumers' preferences has been recognized by many scholars as being key to understanding technological change. However, mainstream economics cannot account for the seemingly irrational behavior of consumers based on changes in taste – consumer theory lacks exibility and accuracy...
Persistent link: https://www.econbiz.de/10010712031
Cover Image
Emotional Balances in Experimental Consumer Choice
Mengov, George; Egbert, Henrik; Pulov, Stefan; … - Volkswirtschaftliche Fakultät, … - 2008
This paper presents an experiment, which builds a bridge over the gap between neuroscience and the analysis of economic behaviour. We apply the mathematical theory of Pavlovian conditioning, known as Recurrent Associative Gated Dipole (READ), to analyse consumer choices in a computer-based...
Persistent link: https://www.econbiz.de/10011112557
Cover Image
Consumer Search Costs and Preferences on the Internet
Jolivet, Grégory; Turon, Hélène - Institute for the Study of Labor (IZA) - 2014
We analyse consumers' search and purchase decisions on an Internet platform. Using a rich dataset on all adverts posted … and transactions made on a major French Internet platform (PriceMinister), we show evidence of substantial price …'s reputation) by another available advert. To explain the transactions observed on the platform, we derive and estimate a …
Persistent link: https://www.econbiz.de/10011078385
Cover Image
Consumer Search Costs and Preferences on the Internet
Jolivet, Grégory; Turon, Hélène - School of Economics, Finance and Management, University … - 2014
We analyse consumers’ search and purchase decisions on an Internet platform. Using a rich dataset on all adverts posted … and transactions made on a major French Internet platform (PriceMinister), we show evidence of substantial price …’s reputation) by another available advert. To explain the transactions observed on the platform, we derive and estimate a …
Persistent link: https://www.econbiz.de/10011082495