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The microblogging social networks (µBSNs) can serve to motivate students by narrowing the physical and psychological distances separating teachers and students, thus increasing their confidence and engagement in the learning process. To examine this issue in greater depth, an experiment was...
Persistent link: https://www.econbiz.de/10010547990
Customers write book reviews for Amazon.com and rate stores at BizRate.com. Car drivers call up radio stations to report traffic jams or radar traps. In many cases individuals share their information to the benefit of an unknown group of recipients, even though doing so is costly for the...
Persistent link: https://www.econbiz.de/10010573028
The endowment effect is the finding that minimum selling prices for a particular good exceed maximum buying prices. We build on and extend previous research showing that emotions influence the endowment effect, and reveal that the two negatively valenced decision-related emotions, regret and...
Persistent link: https://www.econbiz.de/10010573780
/or predict consumer demand. SP is particularly useful when revealed preference (RP) data is unobtainable or uninformative (e … are available). The present paper goes further by comparing the structure of consumer taste heterogeneity in SP vs. RP … exhibit either (i) lexicographic preferences, or (ii) “random” choice behavior. And many consumers appear to be fairly …
Persistent link: https://www.econbiz.de/10010823416
In this paper, the preference reversal phenomenon known from risk research is investigated according to which subjects prefer gamble A over B in competitive decisions although they reveal higher valuations in terms of a cash equivalent (CE) or a willingness to pay (WTP) for the latter when...
Persistent link: https://www.econbiz.de/10010274542
Die Bedeutung von Emotionen und Affekten bei ökonomischen Entscheidungen wird seit mehreren Jahren in der ökonomischen Literatur diskutiert (z. B. Rabin, 1998). Eine Erklärung der empirischen Evidenz in diesem Bereich, die über eine bloß phänomenologische Ebene hinausgeht, verlangt eine...
Persistent link: https://www.econbiz.de/10010296816
surprising asymmetric behavior of 9-ending prices: they are more rigid upward, but not downward, in comparison to non 9-ending … processing. The supermarket data suggest that retail price setters respond strategically to the consumer misperception by setting …
Persistent link: https://www.econbiz.de/10011082725
that in turn shape a consumer's experience. In addition, our results suggest that men and women respond differently to …
Persistent link: https://www.econbiz.de/10010281315
used as a signal for low prices. Price setters respond strategically to the consumer-heuristic by setting 9-ending prices …
Persistent link: https://www.econbiz.de/10012057426
used as a signal for low prices. Price setters respond strategically to the consumer-heuristic by setting 9-ending prices …
Persistent link: https://www.econbiz.de/10012114011