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We address the question of designing dynamic menus to sell experience goods. A dynamic menu consists of a set of price …
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) and unobserved idiosyncratic choices (like secret price cuts). Buyers may use noisy signals (such as sales) in order to …
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. 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 …
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. 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 …
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.Results: For a high-quality entrepreneur who lacks a strong fanbase, we propose a new theory on quality signaling. In many cases, a … low funding price might be the only signaling tool needed (i.e., one-price signaling); a high-quality entrepreneur should … selling period. However, such an entrepreneur can increase his funding price, if he commits to his future price in the regular …
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