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Do time poor individuals pay more?
Rathjen, Tim - 2011
. The results do not confirm a higher price paid by time poor individuals. The findings rather suggest that time poor … persons find trust in stores with a fair price performance ratio, remain loyal to them and accordingly pay a similar amount …
Persistent link: https://www.econbiz.de/10009576637
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Do time poor individuals pay more?
Rathjen, Tim - 2011
. The results do not confirm a higher price paid by time poor individuals. The findings rather suggest that time poor … persons find trust in stores with a fair price performance ratio, remain loyal to them and accordingly pay a similar amount … die gezahlten Preise zu erfassen. Die Ergebnisse bestätigen nicht, dass zeitarme Individuen einen höheren Preis für Waren …
Persistent link: https://www.econbiz.de/10010290498
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Do Pharmacists Buy Bayer? Sophisticated Shoppers and the Brand Premium
Bronnenberg, Bart J. - 2016
We estimate the effect of information on consumers' willingness to pay for branded goods in physically homogeneous consumer packaged goods categories. In a case study of headache remedies, we find that college education, working in a healthcare occupation, and other proxies for product knowledge...
Persistent link: https://www.econbiz.de/10013006238
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Learning From Prices : Information Aggregation and Accumulation in an Asset Price Model
Berardi, Michele - 2020
prices as a source of information, since it introduces endogenous serial correlation in the price signal and cross …
Persistent link: https://www.econbiz.de/10012828061
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Do Time Poor Individuals Pay More?
Rathjen, Tim - Forschungsinstitut Freie Berufe, Fakultät … - 2011
. The results do not confirm a higher price paid by time poor individuals. The findings rather suggest that time poor … persons find trust in stores with a fair price performance ratio, remain loyal to them and accordingly pay a similar amount …
Persistent link: https://www.econbiz.de/10010534875
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An appropriate model for the estimation of consumer time expenditure patterns on the internet
Cooper, Russel John - 2013
records for about 25.000 internet users in the five largest EU economies (UK, Germany, France, Italy and Spain). It contains …
Persistent link: https://www.econbiz.de/10011979299
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Information acquisition in vertical relations
Baake, Pio; Harasser, Andreas; Heiny, Friederike - 2016
We analyze a simple supply chain with one supplier, one retailer and uncertainty about market demand. Focusing on the incentives of the supplier and the retailer to enhance their private information about the actual market conditions, we show that choices on information acquisition are strategic...
Persistent link: https://www.econbiz.de/10011421833
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The end of tourist traps : a natural experiment on the impact of tripadvisor on quality upgrading
Donati, Dante - 2022
Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms' endogenous...
Persistent link: https://www.econbiz.de/10013285520
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Why echo chambers are useful
Jann, Ole; Schottmuller, Christoph - 2019
Why do people appear to forgo information by sorting into “echo chambers”? We construct a highly tractable multi-sender, multi-receiver cheap talk game in which players choose with whom to communicate. We show that segregation into small, homogeneous groups can improve everybody’s...
Persistent link: https://www.econbiz.de/10012265620
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Do consumers acquire information optimally? : experimental evidence from energy efficiency
La Nauze, Andrea; Myers, Erica - 2023
We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where, like many contexts, consumers are poorly informed and make mistakes despite freely available information. To test for optimal information acquisition we compare the average...
Persistent link: https://www.econbiz.de/10014247561