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Willingness-to-pay has always been conceptualized as a point estimate, frequently as the price that makes the consumer indifferent between buying and not buying the product. In contrast, this article estimates willingness-to-pay (WTP) as an interval based on discrete choice experiments and a...
Persistent link: https://www.econbiz.de/10010867881
The fair use flat rate is a promising tariff concept for the mobile telecommunication industry. Similar to classical flat rates it allows unlimited usage at a fixed monthly fee. Contrary to classical flat rates it limits the access speed once a certain usage threshold is exceeded. Due to the...
Persistent link: https://www.econbiz.de/10011001335
Self-explicated approaches are popular preference measurement approaches for products with many attributes. This article classifies previous self-explicated approaches according to their evaluation types, i.e. trade-off- versus non-trade-off-based, and outlines their advantages and...
Persistent link: https://www.econbiz.de/10010776921
In the emerging business of online lead generation, many conversational touchpoints have moved to the online space. These companies capture leads, sell them to partners, and often generate millions of revenue in the process. We abstract this novel digital business model in a framework, derive...
Persistent link: https://www.econbiz.de/10014337635
Der Aufenthalt im stationären Handel ist häufig kurz, nur Bruchteile des Layouts werden besucht und dies mündet in ungenutztem Konversionspotenzial. Das wachsende Online-Geschäft verschärft den Bedarf nach stationärer Effizienz. In diesem Spannungsfeld systematisiert der Beitrag die...
Persistent link: https://www.econbiz.de/10014479672
Discrete choice experiments have emerged as the state-of-the-art method for measuring preferences, but they are mostly used in cross-sectional studies. In seeking to make them applicable for longitudinal studies, our study addresses two common challenges: working with different respondents and...
Persistent link: https://www.econbiz.de/10014501367
Service providers often offer tariff structures with several two-part tariffs that consist of a fixed fee and a usage price, such that consumers may pick the tariff they prefer. Prices of tariffs have significant impacts on service providers' profit, because they simultaneously influence...
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