Showing 1 - 10 of 393
Formulating a model which summarises transportation costs, uncertainty and price, we describe how a switch to ICT …
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indices that correctly reflect the true price movements of IT products. This paper assesses the differences between … traditional and quality adjusted indices by providing results for PC hardware. Transaction price data for the period from 1985 to … 1994 are used to construct price indices for personal computers in Germany. The use of hedonic methods allows to correct …
Persistent link: https://www.econbiz.de/10010297756
exporters within narrow product categories. Three, US growth in both import variety and import price dispersion has occurred at …-country differences in income distributions to variation in import variety and price variation. The theoretical predictions are examined …
Persistent link: https://www.econbiz.de/10010335420
How do judgment devices influence price formation? We investigate this question through a study of the German wine … is much more powerful in explaining price formation within the market. …Welchen Einfluss haben Klassifikationssysteme auf den Preis eines Produktes? Wir gehen dieser Frage anhand einer …
Persistent link: https://www.econbiz.de/10010309618
(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find …
Persistent link: https://www.econbiz.de/10010316749
Individuals who are unaware of the price do not derive more enjoyment from more expensive wine. In a sample of more … than 6,000 blind tastings, we find that the correlation between price and overall rating is small and negative, suggesting … effects, and are not driven by outliers: when omitting the top and bottom deciles of the price distribution, our qualitative …
Persistent link: https://www.econbiz.de/10010281152
We consider a market-for-lemons model where the seller is a price setter, and, in addition to observing the price, the …
Persistent link: https://www.econbiz.de/10010281308
We designed an experiment that examines how knowledge about the price of a good, and the time at which the information … is received, affects how the good is experienced. The good in question was wine, and the price was either high or low …. Our results suggest that hosts offering wine to guests can safely reveal the price: much is gained if the wine is …
Persistent link: https://www.econbiz.de/10010281315