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Online platforms provide search tools that help consumers to get betterfitting product offers. But this technology makes consumer search behavior also easily traceable for the platform and allows for real-time price discrimination. Consumers face a trade-off: Search intensely and receive better...
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The introduction of smart technology and dynamic tariffs (such as time-of-use tariffs) provides multiple potential benefits for electricity markets. However, time-of-use tariffs represent an additional complexity for consumer tariff choices in electricity markets. How well consumers may choose...
Persistent link: https://www.econbiz.de/10012052437
The paper presents an extended version of the consumer choice problem. Different from the standard model, prices are not fixed but arise from Walrasian interactions of total demand and a stylized supply function for each of the goods. Three different types of evolutionary algorithms are set up...
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needs to encourage ToU uptake, while enhancing comprehension. This paper presents results from a pre-registered experiment …
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decisions. The empirical analysis is based on data from a stated choice experiment with more than 1,100 citizens in Germany that …
Persistent link: https://www.econbiz.de/10013554863