Showing 1 - 10 of 47
We analyze the effects of consumers' limited attention on welfare in a model of horizontal product differentiation. We … present a novel approach of modeling limited attention: an attention radius. Each consumer only notices goods that are within … her attention radius, i.e., goods that are sufficiently similar to her preferred version of the good. Limited attention …
Persistent link: https://www.econbiz.de/10012287658
Persistent link: https://www.econbiz.de/10012417692
Post-purchase consumer regret includes outcome regret and process regret. The aim of present study was to examine relationships between consumer regret, as indexed by the Post-Purchase Consumer Regret Scale (PPCR scale), attentional, motor and non-planning impulsivity, as measured by the Barratt...
Persistent link: https://www.econbiz.de/10012227607
after a surprise, but actively acquire new information. We also show that attention to the Fed matters: a high number of …
Persistent link: https://www.econbiz.de/10012424308
This research note empirically investigates whether cash can prevent consumers from making needless purchases in unexpected shopping situations. Cash can have a disciplinary effect on short-term consumption because it imposes a strong temporary budget constraint and also reinforces the pain of...
Persistent link: https://www.econbiz.de/10011731452
This paper provides a model for the well-known empirical phenomenon that houses of different quality experience different price developments. The typical pattern is that luxury houses appreciate more in boom periods and depreciate more during busts. The standard model of housing demand treats...
Persistent link: https://www.econbiz.de/10011538569
This paper contributes to the literature on the effectiveness of R&D incentives by evaluating a unique investment subsidy program implemented in northern Italy. Firms were invited to submit proposals for new projects and only those that scored above a certain threshold received the subsidy. We...
Persistent link: https://www.econbiz.de/10011508197
The present paper analyses whether and how the affiliation of a firm to a business group affects its productivity. Based on novel data consisting of official firm data from the German Business Register including ownership information from Bureau van Dijk's MARKUS database and from the Cost...
Persistent link: https://www.econbiz.de/10011508687
A device central to the French cluster (Competitiveness pole) policy is the financing of collaborative projects aimed at enhancing the innovation capacities of firms. In turn, increasing in innovation capacities give rise to new business opportunities that firms only can seize by evolving their...
Persistent link: https://www.econbiz.de/10011509825
Commercial sector, during the times of centrally planned economy was particularly neglected in Poland, as in all Eastern European countries. Economic transformation and political changes in the country after 1989 induced the development of the commercial sector. The subjects of the research are...
Persistent link: https://www.econbiz.de/10011521657