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, primarily the need to make purchases remotely. Consequently, consumers have been forced to use digital communication channels … communication and service channels? The article also indicates the requirements and expectations of consumers with regard to digital … did not significantly change the preferences of Polish consumers regarding the use of digital communication and service …
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We investigate the role of consumer confidence in the transmission of monetary policy shocks from an empirical and theoretical perspective. Standard VAR based analysis suggests that an empirical measure of consumer confidence drops significantly after a monetary tightening and amplifies the...
Persistent link: https://www.econbiz.de/10010416887
This paper uses a laboratory experiment to analyze the impact of different types of information on consumption and savings behavior. Based on a buffer stock savings model, three treatment dimensions are used: The amount of information subjects receive about the likelihood of income shocks,...
Persistent link: https://www.econbiz.de/10013088586
We study the effect of noise due to exogenous information distortions in the context of Bayesianpersuasion. In particular, we ask whether more noise (a la Blackwell) is always harmful forthe information designer, i.e., the sender. We show that in general this is not the case. Weprovide a...
Persistent link: https://www.econbiz.de/10012854480
We introduce experimental persuasion between Sender and Receiver. Sender chooses an experiment to perform from a feasible set of experiments. Receiver observes the realization of this experiment and chooses an action. We characterize optimal persuasion in this baseline regime and in an...
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Managers are very interested in word of mouth communication because they believe that a product's success is related to …
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