differentiation, informed consumers exert a positive externality on the purchasers of the high quality good as its price decreases … when the share of informed consumers decreases. Considering also that the price of the low quality good increases with the … with pessimistic consumers we can explain demand collapses and insensitivity to price changes due to consumer suspicions …

We address the question of designing dynamic menus to sell experience goods. A dynamic menu consists of a set of price …

) and unobserved idiosyncratic choices (like secret price cuts). Buyers may use noisy signals (such as sales) in order to …

. The results do not confirm a higher price paid by time poor individuals. The findings rather suggest that time poor … persons find trust in stores with a fair price performance ratio, remain loyal to them and accordingly pay a similar amount … for goods and services than not time poor individuals in most cases. -- Time poverty ; Time use and well-being ; Price …