Showing 1 - 10 of 1,645
This paper analyzes the effect of information overload on preference or aversion for variety. According to the model, a rational decision maker who suffers from information overload, faces a two-stage decision process, and is choosing from a set of unknown goods will find it optimal at some...
Persistent link: https://www.econbiz.de/10008991845
Recent health policy reforms try to increase consumer choice. We use a laboratory experiment to analyze consumers’ tastes in typical contract attributes of health insurances and to investigate their relationship with individual risk preferences. First, subjects make consecutive insurance...
Persistent link: https://www.econbiz.de/10010461931
This paper tests how subjects behave in an intertemporal consumption/saving experiment when borrowing is allowed and whether subjects treat debt differently than savings. Two treatments create environments where either saving or borrowing is required for optimal consumption. Since both...
Persistent link: https://www.econbiz.de/10010190271
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Persistent link: https://www.econbiz.de/10013549995
This paper empirically and jointly analyses the relations between risk aversion, standard time discounting, present bias, and loss aversion and household stated adoption of low to high stake energy efficiency technologies (EETs) (light emitting diodes (LEDs), energy efficient appliances, and...
Persistent link: https://www.econbiz.de/10011821996
I revisit the question of which motive underlies insurance demand. I draw on the literature of state-dependent utility and on the literature of imperfectly divisible consumption to argue that the general purpose of insurance is not a risk transfer, but meeting a conditional need. In this way,...
Persistent link: https://www.econbiz.de/10013330729
answer this question, we use videos of professional women’s and men’s soccer. In some videos the gender of the athletes was … clear to see. In other videos, though, the gender of the athletes was blurred. We find that participants only rate men …’s soccer videos higher when the gender of the players is visible. These findings reveal a bias in the evaluation of men’s and …
Persistent link: https://www.econbiz.de/10012820024
The cost-of-living crisis has increased attention on consumption and how it differs for particular societal groups. There is much theoretical evidence that consumption patterns of men and women should differ, but the empirical evidence is scant, due in part to the availability of...
Persistent link: https://www.econbiz.de/10014495724
online experiment, we investigate how the producer's gender influences consumers' willingness to pay for the wine. Gender can …
Persistent link: https://www.econbiz.de/10014636856