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Drip pricing is the business practice of decomposing the price into multiple components which are presented sequentially to buyers. We experimentally examine the effects of this practice on seller strategies and buyer behavior as well as the implications for regulation. Sellers set two prices: a...
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Studies find that in time of crisis such as natural disasters, in most cases, people in crowds are capable to remain calm and to help each other. Referred as 'collective resilience', this capability can increase a society's capacity to withstand crises and disasters. Therefore, for both academia...
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The paper aims to identify the number of sheep and goats existing in Romania, spread over Macroregions, Development Regions and counties and to present its evolution in the period 2014-2019. At the same time, a comparison will be made with the situation registered in 1990. The favorable...
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We investigate whether credit rating agencies systematically follow each other's rating decisions. Therefore we rely on the rotation of rating analysts within credit rating agencies and their impact on the rating. Using this institutional setup we can disentangle causal herding behavior from...
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