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We analyze consumer sentiment with a novel survey of Thai and Vietnamese consumers conducted in May 2020, that is, shortly after the end of the immediate lockdown due to the COVID-19 pandemic. In a randomized control trial, we expose subgroups of the survey respondents to four different...
Persistent link: https://www.econbiz.de/10012423906
This paper uses the COVID-19 pandemic as a case study to investigate the direct and indirect effect of beliefs of others on respondent's own beliefs and on their individual consumer sentiment. In a new online consumer survey with randomized control trials (RCTs) in Thailand and Vietnam, we...
Persistent link: https://www.econbiz.de/10013338074
We examine how, why and which consumers infer company mask policies to be politically motivated, impacting their purchase interest. Five studies (N = 3,438) demonstrate that consumers use a company’s mask policy as a proxy for its underlying political ideology but interpret the political...
Persistent link: https://www.econbiz.de/10013288921
We show the recovery in consumer spending in the United Kingdom through the second half of 2020 is unevenly distributed across regions. We utilise Fable Data: a real-time source of consumption data that is a highly correlated, leading indicator of Bank of England and Office for National...
Persistent link: https://www.econbiz.de/10013242820
We find that Chinese consumers responded strongly to government restrictions during the COVID-19 crisis. Our event-study framework shows that emergency declarations raised average food prices by as much as 7.8 standard deviations of the price change distribution, with a much larger effect on...
Persistent link: https://www.econbiz.de/10013310984
This study examines sustainable food consumption in China and India, based on online consumer survey data. It explores which factors influence sustainable food consumption in these countries, based upon a model related to the Theory of Planned Behaviour. Structural equation modelling is used for...
Persistent link: https://www.econbiz.de/10010488108
Using a framework that distinguishes short-term consumer preferences, individual reflective preferences and political preferences, we discuss from a constitutional economics perspective whether individuals find it in their common constitutional interest to endow representatives and bureaucrats...
Persistent link: https://www.econbiz.de/10010486916
The Korean wave has become a global phenomenon whose effect has been widely studied in Asia, Europe and the US. However the presumption of cultural distance makes it appear unlikely that the Korean wave could gain traction among African consumers of cultural products. As such, a dearth of...
Persistent link: https://www.econbiz.de/10012844497
Using a framework that distinguishes short-term consumer preferences, individual reflective preferences and political preferences, we discuss from a constitutional economics perspective whether individuals find it in their common constitutional interest to endow representatives and bureaucrats...
Persistent link: https://www.econbiz.de/10013027708
Policy makers worldwide are reaching a consensus about the need to develop policies with a substantial impact on consumer behavior in order to meet the environmental grand challenges of this century: efficient use of scarce natural resources and climate change mitigation. Nonetheless, little...
Persistent link: https://www.econbiz.de/10012980904