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The purpose of this study is to measured and analysed the relationship and correlations of the financial literacy, financial well-being, COVID-19 daily life influence, and individual’s monthly income toward the online shopping activities, which is measured through the estimated average monthly...
Persistent link: https://www.econbiz.de/10014351678
We examine whether shrouding or partitioning of a surcharge raises demand in online shopping. In a field experiment with more than 34,000 consumers, we find that consumers in the online shop of a cinema are more likely to select tickets for a 3D movie when the 3D surcharge is shrouded, but they...
Persistent link: https://www.econbiz.de/10012304829
We examine whether shrouding surcharges or partitioning prices raises demand in online shopping where consumers have very low costs of cancelling an initiated purchase process. In a field experiment with more than 34,000 consumers, we find that consumers in the online shop of a large German...
Persistent link: https://www.econbiz.de/10011962343
We examine whether shrouding or partitioning of a surcharge raises demand in online shopping. In a field experiment with more than 34,000 consumers, we find that consumers in the online shop of a cinema initiate a purchase process for a 3D movie more often when the 3D surcharge is shrouded, but...
Persistent link: https://www.econbiz.de/10012197730
We provide evidence that sellers respond to buyers' belief biases in a collective lottery betting market, by adopting sales strategies which cater to believers in the Hot Hand and Gambler's Fallacies. Lottery players on the buyer side tend to avoid buying tickets which are similar to the...
Persistent link: https://www.econbiz.de/10013004123
Persistent link: https://www.econbiz.de/10012514955
consumers' preferences for purchasing in the physical store and the stronger their salience bias, the more likely it is that a …
Persistent link: https://www.econbiz.de/10011717196
to resell brand products online. Our approach builds on models of salience according to which price disparities across … distortion occurs if the manufacturer provides either an inefficiently low quality under price salience or an inefficiently high … quality in order to prevent price salience. The participation distortion arises as offline sales might be entirely abandoned …
Persistent link: https://www.econbiz.de/10011771695
Persistent link: https://www.econbiz.de/10012435309
This paper empirically investigates how marketers can retarget consumers who have searched online but did not purchase, based on their search behaviors. To infer the relationship between search activities and preferences, we estimate a structural search model that characterizes the consumer...
Persistent link: https://www.econbiz.de/10012854788