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Individual preferences must be evaluated to take into account the citizens' interests for public decisions. Usually, economists assess individual preferences through market decisions. But more often, public decisions impact goods without market prices. Without a market to refer to, evaluating...
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This study examines the effects of media market structure on consumer demand and welfare. A differentiated-product model is used to estimate demand for the local media environment, described by the offerings from newspapers, radio, television, the Internet and Smartphone. Results show that the...
Persistent link: https://www.econbiz.de/10013120547
selfish or altruistic motives. Using an incentive-compatible experiment with both a within- and a between-subject design, we … benefits. We find that this information does not affect buying prices in the within-subject experiment. This suggests that … prices for the eco-friendly product but also for the control product in the between-subject experiment …
Persistent link: https://www.econbiz.de/10013070562
has been observed for other environmentally relevant consumption choices. Using an experiment in which participants can …
Persistent link: https://www.econbiz.de/10013490731
economics today. This study conducts a field experiment in fish markets of Kolkata, India that are prone to widespread cheating … from cheating, the experiment uncovers an inverted U-shaped relationship between the fish price and the amount cheated. The …
Persistent link: https://www.econbiz.de/10012999860
Tax avoidance among large multinational corporations has considerably increased in recent years, triggering an intense discussion about how to ensure tax justice. We propose a novel experimental design to incentive-compatibly model the firm-consumer relationship in a consumer goods market. This...
Persistent link: https://www.econbiz.de/10012550316
Advertisers and researchers use tools provided by advertising platforms to conduct randomized experiments for testing user responses to creative elements in online ads. Internally valid comparisons between ads require the mix of experimental users exposed to each ad to be similar across all ads....
Persistent link: https://www.econbiz.de/10013217679
This study investigates context effects in general and the compromise effect in particular. It is argued that earlier research in this area lacks realism, a shortcoming that is a major drawback to research conclusions and stated management implications. The importance of this issue is stressed...
Persistent link: https://www.econbiz.de/10008699072