Die Debatte, ob der Onlinehandel den stationären Handel überholen oder sogar weitgehend ersetzen wird, entscheidet langfristig die Nachfrageseite des Marktes: Das Verhalten der Men-schen, die Produkte und Dienstleistungen online oder offline kaufen, bestimmt die Entwicklung des Handels....

In recent years, several advences in information technologies have increased the computer use of consumers in the world and our country. These developments have revealed a new way of doing business known as e-commerce. For consumers, online shopping has become the most popular internet activity...

Many people do not purchase products that would appear to benefit them. For example, the price of an efficient cookstove can be less than a few months’ savings on fuel. If liquidity constraints, present bias, and poor information on fuel savings and stove durability are barriers, then...

We study the causes of "nutritional inequality": why the wealthy eat more healthfully than the poor in the U.S. Exploiting supermarket entry, household moves to healthier neighborhoods, and purchasing patterns among households with identical local supply, we reject that neighborhood environments...

9-ending prices are a dominant feature of many retail settings, which according to the existing literature, is because consumers perceive them as being relatively low. Are 9-ending prices really lower than comparable non 9-ending prices? Surprisingly, the empirical evidence on this question is...

We study the pricing decision of firms in the presence of consumer inertia. Inertia can arise from habit formation, brand loyalty, switching costs, or search, and it has important implications for the interpretation of equilibrium outcomes and counterfactual analysis. In particular, consumer...

For many years, the air travel market has been the most regulated sector of the economy. Within the last few decades, it has undergone profound change, which is largely a consequence of changes in the law. Another factor that exerted influence on the market was the popularization of new...

Not in the Shopping Cart -On the experiential aspects of retail shopping centers It is not hard to imagine that consumers value not only what they have bought in a store and can take home with them, but also the experience that was entailed in the actual purchase. The aim of the study is to...

Using novel methodology and proprietary daily store-level sporting goods and apparel brand data, I find that, consistent with long-run adaptation to climate, sales sensitivity to weather declines with historical norms and variability of weather. Short-run adaptation to weather shocks is...

Die Debatte, ob der Onlinehandel den stationären Handel überholen oder sogar weitgehend ersetzen wird, entscheidet langfristig die Nachfrageseite des Marktes: Das Verhalten der Men-schen, die Produkte und Dienstleistungen online oder offline kaufen, bestimmt die Entwicklung des Handels....