Showing 1 - 10 of 28,476
the consumers demand curve. To date, this result stands as the primary economic explanation of choice between these … pricing policies, and I extend it in two ways. The first generalizes results for the case where customers' demand functions … are not identical. I show that profit under uniform pricing exceeds that of mill pricing when demand price elasticity and …
Persistent link: https://www.econbiz.de/10013127844
consumer demand to the price of that good. States are increasingly relying on the taxation of wireless services as a source of … average state tax on general business services by 2.34 percentage points. States have not, however, analyzed consumer demand … estimate the own-price elasticity of demand for wireless service using a survey dataset of wireless consumption. Using data on …
Persistent link: https://www.econbiz.de/10014072428
Elementary consumer theory assumes that prices affect demand only because they affect the budget constraint (BC). By … contrast, several models suggest that prices can affect demand through other channels (e.g. because they signal quality). This … also changes the BC. This paper uses a lab and a field experiment to disentangle BC from non-BC effects of prices on demand …
Persistent link: https://www.econbiz.de/10012716583
This paper estimates consumer demand for firearms with the aim of predicting the likely impacts of firearm regulations … individual-level demand model for firearms. We validate our estimates using aggregate moments from observational data. Next, we …. Importantly, we find that bans or restrictions that specifically target "assault weapons" increase demand for handguns, which are …
Persistent link: https://www.econbiz.de/10014226131
Providing insight into both consumer behaviour and market dynamics, information about the price elasticity of demand … determined jointly, the empirical evaluation of price elasticities of demand requires a sound understanding of structural (i …
Persistent link: https://www.econbiz.de/10014259889
In this paper, we study the price partitioning decisions of online retailers regarding shipping and handling (S&H) fees. Specifically, we analyze two partitioning formats used by retailers in this context. In the first scenario, retailers present customers with a price that is partitioned into a...
Persistent link: https://www.econbiz.de/10013131978
We disentangle and study the relative importance of different risk preferences in explaining extended warranty purchases and the high premia paid for them. Empirical and behavioral research on insurance is at odds with whether diminishing returns (curvature of the utility function), or loss...
Persistent link: https://www.econbiz.de/10013064806
modeling framework composed of a demand-side model and a supply-side model. On the demand side, we develop a choice model to …
Persistent link: https://www.econbiz.de/10013039310
Consider two profit-maximizing service firms in the presence of congestion-sensitive customers. Firms set their prices and compete to capture market share. We compare cases where the firms can invest either independently (competition) or jointly (co-opetition) in congestion-reduction (CR)...
Persistent link: https://www.econbiz.de/10012838320
offer the BOGO promotion at the start of the season when realized demand is low …
Persistent link: https://www.econbiz.de/10012838727