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Persuasive Puffery
Chakraborty, Archishman; Harbaugh, Rick - Department of Business Economics and Public Policy, … - 2012
Sellers often make explicit or implicit product claims without providing evidence. We show that such "puffery" of product attributes through pure cheap talk is credible and helps buyers make a better decision. Puffing one attribute of a product leads buyers to positively update their impression...
Persistent link: https://www.econbiz.de/10011096402
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A Bayesian semiparametric approach for endogeneity and heterogeneity in choice models
Li, Yang; Ansari, Asim - In: Management science : journal of the Institute for … 60 (2014) 5, pp. 1161-1179
Persistent link: https://www.econbiz.de/10010369849
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Identification of mixtures of dynamic discrete choices
Higgins, Ayden; Jochmans, Koen; Verardi, Vincenzo - 2021
Persistent link: https://www.econbiz.de/10012698503
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Observed and Unobserved Preference Heterogeneity in Brand-Choice Models
Horsky, Dan; Misra, Sanjog; Nelson, Paul - In: Marketing Science 25 (2006) 4, pp. 322-335
. Furthermore, this “observed” heterogeneity better explains choice than does “unobserved” heterogeneity in the standard scanner … preference information confound state dependence, heterogeneity, and preference effects. Price sensitivities are inflated because … is the “real” preference-based consumer. Further, standard models overestimate the heterogeneity in price and loyalty …
Persistent link: https://www.econbiz.de/10008788207
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Individual characteristics and stated preferences for alternative energy sources and propulsion technologies in vehicles : a discrete choice analysis
Ziegler, Andreas - 2010
This paper empirically examines the determinants of the demand for alternative energy sources and propulsion technologies in vehicles. The data stem from a stated preference discrete choice experiment with 598 potential car buyers. In order to simulate a realistic automobile purchase situation,...
Persistent link: https://www.econbiz.de/10008746484
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Breaking the curse of dimensionality in conditional moment inequalities for discrete choice models
Chen, Le-Yu; Lee, Sokbae - 2015
This paper studies inference of preference parameters in semiparametric discrete choice models when these parameters are not point-identified and the identified set is characterized by a class of conditional moment inequalities. Exploring the semiparametric modeling restrictions, we show that...
Persistent link: https://www.econbiz.de/10011281242
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Large matching markets as two-sided demand systems
Menzel, Konrad - In: Econometrica : journal of the Econometric Society, an … 83 (2015) 3, pp. 897-941
Persistent link: https://www.econbiz.de/10011378550
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Emergence of macro-variables by evaluation and clustering of micro- activities
Loistl, Otto - In: The European journal of finance 21 (2015) 7/9, pp. 691-713
Persistent link: https://www.econbiz.de/10011302052
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A numerical study of the logit network pricing problem
Gilbert, François; Marcotte, Patrice; Savard, Gilles - In: Transportation science : a journal of the Institute for … 49 (2015) 3, pp. 706-719
Persistent link: https://www.econbiz.de/10011338618
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The effectiveness of fiscal stimuli for working parents
Boer, Henk-Wim de; Jongen, Egbert L. W.; Kabátek, Jan - 2015
To promote the labor participation of parents with young children, governments employ a number of fiscal instruments. Prominent examples are childcare subsidies and in-work benefits. However, which policy works best for employment is largely unknown. We study the effectiveness of different...
Persistent link: https://www.econbiz.de/10011317654