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Regularly, free-to-play games use their own virtual currency for in-game store purchases. We analyze the money illusion phenomenon by examining free-to-playgames and their virtual currency exchange rate policies. We find that above pari exchange rates and advertising bonus packs instead of price...
Persistent link: https://www.econbiz.de/10012440478
The present paper analyses the influence the introduction of the euro has had on the buying process developed by the consumer. The first aim pursued is to determine the effect of its coming into force on the formation of the reference prices estimated by the consumer. The second aim is to carry...
Persistent link: https://www.econbiz.de/10010280428
Redenomination of currency has become a common phenomenon in recent past among emerging and transitional economies. In 2007, Ghana became one of the economies to redenominate in recent past. This currency policy adaptation has the potential of triggering certain individual behavioral biases on...
Persistent link: https://www.econbiz.de/10015074699
Seit vielen Jahrzehnten wird in Wissenschaft, Gesellschaft und Politik die Frage diskutiert, ob und in welcher Form ökonomische Bildung ein integraler Bestandteil von Allgemeinbildung sein soll. Im Vergleich zu Schulfächern wie beispielsweise Geschichte, Erdkunde, Musik oder Biologie ist die...
Persistent link: https://www.econbiz.de/10014504542
Inflation is painful, for firms, customers, employees, and society. But careful study of periods of hyperinflation …
Persistent link: https://www.econbiz.de/10013457198
-2017. Of interest is the evolution of competition during the period when the economy had transitioned from hyperinflation. How … after the hyperinflation period. Of novelty to this study is the use of the Boone Indicator, one of the new empirical …
Persistent link: https://www.econbiz.de/10014001522
Germany and beyond. Because of its experience with hyperinflation in 1923, the German population fears rising prices and … insights on the question of origin. Specifically, we examine the remembrance of hyperinflation in personal memoirs and the … for the logic of reconstruction. We show that the hyperinflation was not remembered unambiguously, and that memories were …
Persistent link: https://www.econbiz.de/10014282651
Inflation is painful, for firms, customers, employees, and society. But careful study of periods of hyperinflation …
Persistent link: https://www.econbiz.de/10014388407
Traditional monetary models of hyperinflation suffer from severe stability problems: equilibria with realistic … develop a model of hyperinflation which is based on an analysis of firms' payment behavior and which uses a weaker concept of …
Persistent link: https://www.econbiz.de/10010311223
Am 28. Juli 2024 finden in Venezuela Präsidentschaftswahlen statt, bei denen sich der seit 2013 regierende Staatschef Nicolás Maduro im Amt bestätigen lassen möchte. Mit María Corina Machado ist ihm eine Gegenkandidatin erwachsen, die zwar die Massen mobilisiert, aber nicht antreten darf....
Persistent link: https://www.econbiz.de/10014632620