We present a survey design that generalizes static conjoint experiments to elicit inter-temporal adoption decisions for durable goods. We show that consumers' utility and discount functions in a dynamic discrete choice model are jointly identified using data generated by this specific design. In...

In this research we examine the motivational influence of regulatory focus on revealed time preference. Drawing on regulatory focus research, we hypothesize an interaction effect between regulatory focus and valence such that, compared with prevention focus, promotion focus is associated with...

Low-income consumers are not only constrained with spending, but also with the type and variety of payment methods available to them. Using a representative sample of the U.S. adult population, this short article analyzes the low possession (adoption) of credit and debit cards among low-income...

We study how the diffusion of broadband Internet affects social capital using two data sets from the UK. Our empirical strategy exploits the fact that broadband access has long depended on customers' position in the voice telecommunication infrastructure that was designed in the 1930s. The...

Experimental economics offers useful tools for cross-cultural research. Experimental games are well-defined environments characterized by a set of players, strategies and incentives. Conducting identical experiments with subjects from different cultures offers unprecedented control over the...

Financial inclusion and digital payment use remain low in Peru. There is extensive literature on the determinants of deposit account access as a measure of financial inclusion, but few studies focus on digital payment use, and none addresses the Peru case at the micro level. This paper uses data...

The authors demonstrate that partitioning an aggregate quantity of a resource (e.g., food or money) into smaller units reduces the consumed quantity or the rate of consumption of that resource. Partitions draw attention to the consumption decision by introducing a small transaction cost; i.e.,...

This study aims to identify middle-class consumers’ habits in four countries during the pandemic of 2020, with special attention to analogous consumers’ reactions to extraordinary circumstances during the recession of 2008. Furthermore, this study tried to detect the impact of the pandemic...

This work studies the role of socio-economic and geospatial factors in shaping battery electric vehicle adoption for the case study of Ireland. It provides new insights on the level and timing of likely adoption at scale using a Bass diffusion model combined with a spatial model. The Bass model...

The emergence of cashless stores has led several cities and states to ban such stores. This article investigates this issue by characterizing consumers who pay cash for in-person purchases and consumers who do not have credit or debit cards. Using a random utility model, I estimate 1.3 to 30.9...