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, die sowohl die Trickle-down-Theorie als auch die Theorie des privatisierten Keynesianismus bei diesem Thema entfalten … signalisieren soll, sondern vielmehr dazu dient, den Lebensstandard auf eher dezente Weise zu erhöhen. Ausgehend von der Vorstellung …, dass private Verschuldung die Lücke zwischen Einkommen und einem sozial konstruierten Lebensstandard schließen soll …
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Should a monopolistic vendor adopt the selling model or the leasing model for information goods or services? We study this question in the context of consumer valuation depreciation. Using a two-period game-theoretic model, we consider two types of consumer-side valuation depreciation for...
Persistent link: https://www.econbiz.de/10012856841
The new information and communication technology, ICT, induces households to take over tasks from firms and government agencies, using tools and systems provided by these very same organizations. The result is often joint production activities. We argue that the importance of ICT for the...
Persistent link: https://www.econbiz.de/10011514007
We investigate how, in temporary economic hardship, agents change their consumption of health services, and how this depends on whether the service is universally free-of-charge visits to GP's or privately co-financed dental care. We find that own expenditures for dental care decrease. The...
Persistent link: https://www.econbiz.de/10011450026
We study two boundedly rational procedures in consumer behavior. We show that these procedures can be detected by conditions on observable demand data of the same type as standard revealed preference axioms. This provides the basis for a non-parametric analysis of boundedly rational consumer...
Persistent link: https://www.econbiz.de/10012733078
Since household consumption depends among others on income, it will be of interest to examine the change of household consumption structure due to income changes. This will be useful to supply chain management as well as policy makers. Our sample refers to Western Europe, USA and Japan during...
Persistent link: https://www.econbiz.de/10012942056
This article is the first formal investigation of consumer attitudes that compares the forecasting power of the University of Michigan's Index of Consumer Sentiment and the Conference Board's Consumer Confidence Index. The authors find that measures available from the Conference Board have both...
Persistent link: https://www.econbiz.de/10012766873