While our leaders influence us by placing hope or fear at the center of the election campaign, every investor in the market takes buy-sell decision based on the hope of gain or fear of loss. No assets are sold or bought without the associated emotion of gaining or losing. Hope of gaining...

This paper develops and estimates a structural model of differentiated-products demand in an environment with in-store displays and costly consumer price search. This investigation is motivated by two stylized facts on retail markets. First, the prevalence of retail “sales” means that...

Remote seller state sales and use tax collection and compliance is a significant and increasing economic issue for state and local jurisdictions, especially given the impact on interstate commerce and Congress' Commerce Clause authority to regulate in that area. In this article, author Thomas...

This paper examines the influence of information on market performance in an advance purchase setting. Information reduces the risk that an advance purchase results in a mismatch between consumer preferences and product characteristics. However, information may also raise the number of advance...

This case study is intended to develop an appreciation for the role of trust in buyer seller relationships through a fictional account of a student's summer job. Given the high likelihood that students will have a sales job during their studies, or shortly after their graduation, this case can...

We study consumers' attitudes towards sharing payments data with incumbent and new providers of payment and account information services, and using their services. This is important, in order to understand the possible impact of the revised Payment Services Directive (PSD2) on the functioning of...