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We examine the EU car labelling regime for CO2 emissions and fuel efficiency under Directive 1999/94/EC and document strongly diverging national labelling methodologies. Our contribution is fourfold. First, we distil the most relevant economic and behavioural research findings on car labelling....
Persistent link: https://www.econbiz.de/10015079930
Our starting point is the following simple but potentially underappreciated observation: When assessing willingness to pay (WTP) for hedonic features of a product, the results of such measurement are influenced by the context in which the consumer makes her real or hypothetical choice or in...
Persistent link: https://www.econbiz.de/10012668356
Das Thema Resilienz findet seit den 1950er-Jahren Beachtung in den Verhaltenswissenschaften. Insbesondere die Kauai-Langzeitstudie von Emmy Werner war wegweisend für die Resilienzforschung. In den letzten Jahren hat diese Forschung auch das Interesse der Verbraucherwissenschaften geweckt....
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This paper studies how and why consumers respond to unexpected, transitory income shocks. In a randomized control trial, I elicit marginal propensities to consume (MPC) out of different hypothetical income shock scenarios, varying the payment mode, the shock size, and the source of income. The...
Persistent link: https://www.econbiz.de/10014320569
Information can trigger unpleasant emotions. As a result, individuals might be tempted to willfully ignore it. We experimentally investigate whether increasing perceived control can mitigate strategic ignorance. Participants from India were presented with a choice to receive information about...
Persistent link: https://www.econbiz.de/10014333351
Information can trigger unpleasant emotions. As a result, individuals might be tempted to strategically ignore it. We experimentally investigate whether increasing perceived control can mitigate strategic ignorance. Participants from India were presented with a choice to receive information...
Persistent link: https://www.econbiz.de/10014380345
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