Showing 91 - 100 of 191
In response to price dispersion across stores and price promotions over time, consumers search across both stores (spatial) and time (temporal), in many retail settings. Yet there is no search model in extant research that jointly endogenizes search in both dimensions. We develop a model of...
Persistent link: https://www.econbiz.de/10013006611
We randomize advertising content motivated by the psychology literature on sympathy generation and framing effects in mailings to about 185,000 prospective new donors in India. We find significant impact on the number of donors and amounts donated consistent with sympathy biases such as the...
Persistent link: https://www.econbiz.de/10013006619
We test for the long-term impact of experiencing “prosperity in youth” (PIY) on non-traditional category consumption. Using unique twenty-year panel data of individuals from nine Chinese provinces with varying levels of per-capita GDP and rates of per-capita GDP growth, we find robust...
Persistent link: https://www.econbiz.de/10013013060
A firm's product-cost information is increasingly transparent to consumers as the firm itself or third parties publish such information, which reduces consumers' uncertainty for the product's cost. Using a dynamic model of firm pricing with forward-looking consumer choices, this paper assesses...
Persistent link: https://www.econbiz.de/10012855712
This paper offers a new identification strategy for disentangling structural state dependence from unobserved heterogeneity in preferences. Our strategy exploits market environments where there is a choice-consumption mismatch. We first demonstrate the effectiveness of our identification...
Persistent link: https://www.econbiz.de/10013057091
We test for the long-term effects of experience during youth on consumption in nontraditional taste-forming categories. A unique dataset that tracks individuals over twenty years from 1992-2011, residing in nine Chinese provinces that vary widely in both income levels and rate of economic...
Persistent link: https://www.econbiz.de/10012994124
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Luxury goods are a significant share of the global economy and rapidly growing; yet empirical research on consumer choice in luxury goods remains scarce. Standard panel data-based choice models are infeasible, because luxury goods are purchased relatively infrequently. The paper makes two key...
Persistent link: https://www.econbiz.de/10013218996
The paper broadens the focus of empirical research on salesforce management to include multitasking settings with multidimensional incentives, where salespeople have private information about customers. This allows us to ask novel substantive questions around multidimensional incentive design...
Persistent link: https://www.econbiz.de/10013231656
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