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signals, and make purchase decisions that are biased towards their initial choices. Using an incentive compatible auction … reluctant to change their WTPs despite increased risk perceptions. In terms of market responses, demand curves were less likely …
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For companies, it is essential to obtain information about customers' preferences to successfully market their products and services. Experimental auctions are a promising method for acquiring such information considering that they are incentive compatible and non-hypothetical. Their...
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Reducing Africa's dependence on Asian rice imports requires tailoring local rice products to food markets that are segmented by cultural heritage of ancient rice domestication and colonial heritage of more recent import substitution policies. Using experimental auctions, we examine quality...
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's second-best price auction sessions involving 360 consumers were organized. Based on their sociodemographic characteristics, a … results show a potential demand for ecological production and provide an opportunity for the implementation of a …
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