Showing 1 - 10 of 128
Persistent link: https://www.econbiz.de/10011011646
We conducted an experiment to collect data on consumption decisions made by children of different age categories. In particular, our experiment involves unsophisticated discrete consumption choices,and we present a rationality test that is specially designed for the resulting choice data. Our...
Persistent link: https://www.econbiz.de/10010826341
We use experimental data to analyze consumption decisions by groups of individuals who have to reach a consensus on spending a joint budget. Our experiment involves dyads (i.e. two-member groups) who have to compose consumption bundles consisting of three commodities (wine, orange juice and...
Persistent link: https://www.econbiz.de/10010867585
We propose a method to quantify the willingness-to-pay for the consumption of others in group decisions. Our method is based on revealed preference theory. It measures willingness-to-pay for others' consumption by evaluating positive consumption externalities in monetary terms. Within the...
Persistent link: https://www.econbiz.de/10010907845
Ego depletion, the observation that self‐regulation reduces subsequent self‐regulation, is a remarkably robust phenomenon, and the generalization to the consumer domain appears undisputable. Contrary to most other self‐regulatory situations, however, consecutive self‐regulatory decisions in...
Persistent link: https://www.econbiz.de/10009321429
We develop a positive non-parametric model of public sector production that allows us to test whether an implicit procedure of cost minimization at shadow prices can rationalize the outcomes of public sector activities. The basic model focuses on multiple C-outputs and does not imply any...
Persistent link: https://www.econbiz.de/10008684267
Persistent link: https://www.econbiz.de/10008684287
We empirically analyze the relationship between globalisation and poverty. Deviating from the mainstream literature, we use ‘synthetic’ globalisation and poverty indicators, which combine multiple single indicators into single-valued statistics. Further, we study a sample that includes OECD...
Persistent link: https://www.econbiz.de/10008684345
We compare two manipulative forces from our daily shopping environment: store environment and advertising. Deviating from existing studies in the literature, we isolate store environment and advertising by using a simple experimental design, and we use a revealed preference methodology for...
Persistent link: https://www.econbiz.de/10010569230
We compare two manipulative forces from our daily shopping environment: store environment and advertising. Deviating from existing studies in the literature, we isolate store environment and advertising by using a simple experimental design, and we use a revealed preference methodology for...
Persistent link: https://www.econbiz.de/10010570237