Companies often send non-binding messages to their competitors, to consumers, to channel members and to various other recipients. When such messages are in the form of price signals, they tend to make antitrust authorities uneasy since it is widely believed that price signaling can and does...

This article highlights an intriguing finding that the duration of use significantly affects consumers' choice of acquisition mode. When the duration is short, renting is preferred, while buying is preferred for longer durations, even when the economic consequences of both choices are exactly...

This article highlights an intriguing finding that consumers are averse to wasting even items gotten for free, and provides waste-aversion as an explanation for the prevalence of store promotions that at first glance appear to be unprofitable to a store.

The need to pay subjects to participate in experiments places a major financial burden on experimental economists. In this paper, we conduct dictator games and find that there is no difference in the way student subjects split money and extra-credit points, an encouraging result that suggests...

Companies often send non-binding messages to their competitors, to consumers, to channel members and to various other recipients. When such messages are in the form of price signals, they tend to make antitrust authorities uneasy since it is widely believed that price signaling can and does...

The need to pay subjects to participate in experiments places a major financial burden on experimental economists. In this paper, we conduct dictator games and find that there is no difference in the way student subjects split money and extra-credit points, an encouraging result that suggests...