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We investigate to what extent the roll-out of the mobile phone network in Mozambique reduced transport costs and search costs, and thereby decreased spatial price dispersion and improved market efficiency. Estimations are based on data of transport costs of maize grain and maize market prices....
Persistent link: https://www.econbiz.de/10012030636
I use the quasi experimental nature of the roll-out of the mobile phone network in Mozambique to estimate the impact of search costs on the dispersion of maize prices and transport costs. The introduction of mobile phone services from 1997 to 2009 explains a 4.5-11% percent reduction in price...
Persistent link: https://www.econbiz.de/10011602562
Rapid and constant development of technology and social media drive every-day changes in the retail sector, modifying behaviour and power of consumers, whereby traditional brick and mortar stores are facing the risk to become obsolete. E-commerce and m-commerce offer to customer a more...
Persistent link: https://www.econbiz.de/10011823079
We investigate to what extent the roll-out of the mobile phone network in Mozambique reduced transport costs and search costs, and thereby decreased spatial price dispersion and improved market efficiency. Estimations are based on data of transport costs of maize grain and maize market prices....
Persistent link: https://www.econbiz.de/10012866754
This paper develops a method to estimate and simulate the adoption of a network good. I estimate demand for mobile phones as a function of individuals’ social networks, coverage, and prices, using transaction data from nearly the entire network of Rwandan mobile phone subscribers at the time,...
Persistent link: https://www.econbiz.de/10014036041
Smartphones have revolutionized how individuals use consumer electronics and consume digital goods. I examine the extent to which smartphones have substituted other digital devices and expanded overall digital consumption. To do so, I use newly available Korean panel survey data on individuals'...
Persistent link: https://www.econbiz.de/10013308381
Smartphone app designers often use behavioral design to influence users, increase sales, and boost advertising revenue. Behavioral design relies on elements ranging from app appearance to black-box algorithms and personalization. It commonly exploits behavioral biases, such as the lack of...
Persistent link: https://www.econbiz.de/10014294136
Courtesy shopping is a situation when somebody makes purchases on behalf of other person, usually when he/she asks for it. Typical situation of courtesy shopping is buying groceries for elderly neighbours or family members. New context of courtesy shopping is such activity in the context of...
Persistent link: https://www.econbiz.de/10011419319
This paper explores heterogeneity in preferences for renewable home heating, more specifically heat pump systems, using a novel combination of psychological construct statements, based on the theory of planned behavior, and a discrete choice experiment. We employ a latent class analysis of a...
Persistent link: https://www.econbiz.de/10012137494
We explore the consequence of quality unpredictability for the welfare benefit of new products, using recent developments in recorded music as our context. Digitization has expanded consumption opportunities by giving consumers access to the "long tail" of existing products, rather than simply...
Persistent link: https://www.econbiz.de/10011979989