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Purpose This research posits that e-vendors can use product aesthetic information (PAI) as a strategic positing tool to shape consumers’ perceptions of e-vendors’ websites. Design/methodology/approach To test this framework, variations on a garment’s color (a crucial element of product...
Persistent link: https://www.econbiz.de/10014954498
Purpose The purpose of this paper is to examine the joint effects of menu pages (single page vs multiple pages) and assortment organization (benefit- vs attribute-based) on consumers’ perceptions of variety with large assortments. Design/methodology/approach A 2 (assortment structure: single...
Persistent link: https://www.econbiz.de/10014907384
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We consider the problem of repeatedly choosing policies to maximize social welfare. Welfare is a weighted sum of private utility and public revenue. Earlier outcomes inform later policies. Utility is not observed, but indirectly inferred. Response functions are learned through experimentation....
Persistent link: https://www.econbiz.de/10015061979
We consider the problem of repeatedly choosing policies to maximize social welfare. Welfare is a weighted sum of private utility and public revenue. Earlier outcomes inform later policies. Utility is not observed, but indirectly inferred. Response functions are learned through experimentation....
Persistent link: https://www.econbiz.de/10015061983
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Persistent link: https://www.econbiz.de/10015080443
Contents: Introduction / Arthur Schram and Aljaž Ule -- Part I: Methods of experimental economics -- 1. Incentives / James C. Cox and Vjollca Sadiraj -- 2. Deception / Andreas Ortmann -- 3. Preference measurement and manipulation in experimental economics / Hande Erkut and Ernesto Reuben -- 4....
Persistent link: https://www.econbiz.de/10012251836