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implications for the nature and formation of preferences. We study the tariff experiment conducted by South Central Bell where … local telephone tariffs were introduced for the first time in Louisville, KY. Households were given the choice to remain in …
Persistent link: https://www.econbiz.de/10014107895
rolled out with a long-run experiment, which allows us to measure its short-run and long-run effects. We find that, although …
Persistent link: https://www.econbiz.de/10014486191
Through charging or subsidizing shoppers, a platform participates in the pricing game played by n hosted third-party sellers, who sell different products and share profits or revenues with the platform. The platform's equilibrium access price for shoppers is determined by bilateral effects...
Persistent link: https://www.econbiz.de/10012854695
a value of waiting (VoW) for users because waiting allows them to collect more information. At the same time, many IT …
Persistent link: https://www.econbiz.de/10012898107
consider a market with sequential consumer search in which firms often encourage first-time visitors to buy immediately, either … first-time and returning visitors; if the return cost is positive, however, firms are forced to make exploding offers. …
Persistent link: https://www.econbiz.de/10011524813
in search of the best offer, both time-wise and in terms of potential regret of forgoing unique purchasing opportunities … interaction on search behavior in a pre-registered, theory-based, and well-powered experiment. We find that urgency reduces … earlier when pressured. Anticipated regret does not affect search length (neither with nor without time pressure), while …
Persistent link: https://www.econbiz.de/10013224079
in search of the best offer, both time-wise and in terms of potential regret of forgoing unique purchasing opportunities … interaction on search behavior in a pre-registered, theory-based, and well-powered experiment. We find that urgency reduces … earlier when pressured. Anticipated regret does not affect search length (neither with nor without time pressure), while …
Persistent link: https://www.econbiz.de/10012534681
in search of the best offer, both time-wise and in terms of potential regret of forgoing unique purchasing opportunities … interaction on search behavior in a pre-registered, theory-based, and well-powered experiment. Empirically, we and that … anticipated regret does not affect search behavior either with or without time pressure, while experienced regret leads to …
Persistent link: https://www.econbiz.de/10014476728
Time preferences drive decisions in many economic situations, such as investment contexts or salary negotiations. These … situations are characterized by a very short time frame for decision making. Preferences are potentially susceptible to the … confounding effects of time pressure, as proposed by dual-systems theory (Evans, 2006; Kahneman and Frederick, 2002). Results of …
Persistent link: https://www.econbiz.de/10011523286
Persistent link: https://www.econbiz.de/10003919325