Showing 111 - 120 of 241,613
experiment involving consequential interface choices. We find strong support for the second perspective, which builds upon the …
Persistent link: https://www.econbiz.de/10014044592
decision and to the decision itself based on this information. I focus on urn decisions and conduct treatments that consider … two ambiguous urns according to several heuristics. In contrast, personality traits and an individual’s primary decision …Die experimentelle Studie untersucht die individuelle Informationsnachfrage und Entscheidung in Situationen, in denen …
Persistent link: https://www.econbiz.de/10010357825
This paper focuses on information acquisition and individual decision making in ambiguous situations and presents a …, subjects can reduce or even eliminate the ambiguity and turn the decision situation into one of risk. Under the assumption that … an ambiguity averse subject should reduce ambiguity within a decision process we predicted that these subjects would …
Persistent link: https://www.econbiz.de/10010188142
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for …
Persistent link: https://www.econbiz.de/10009755329
From 1998 to 2009 I find that the average time between U.S. households' grocery shopping trips has steadily increased from 4.7 to 6.2 days, and from 1998 to 2006 per capita monthly consumption of fresh fruits and vegetables has decreased from 130 to 112 oz. To understand these changes, a dynamic...
Persistent link: https://www.econbiz.de/10013004345
Many consumers suffer from present bias. To present-biased consumers, the long-term is a foreign country, and they are not sure that they will ever visit. If consumers suffer from present bias, there is room to rethink national policies in multiple domains. For example, regulatory mandates might...
Persistent link: https://www.econbiz.de/10014236393
How can economic theory explain the reasons why consumers adopt innovations? Using the example of innovations in washing machines two approaches are compared. The first focuses in the manner of household production theory on changes in constraints without specifying preferences, leading to the...
Persistent link: https://www.econbiz.de/10009236027
Households have decreased their grocery shopping frequency from once every 4.7 days in 1998 to once every 6.3 days in 2009. To understand this change, an optimal control model is developed of a utility maximizing household that chooses when to shop, how much to purchase, and their piece wise...
Persistent link: https://www.econbiz.de/10013010610
Food price is a main driver of inflation that erodes the purchasing power of households. The study examined demand response to changes in price of rice during food price inflation in Nigeria using sampled households from Oyo State. A multi-stage sampling procedure was used to select 174...
Persistent link: https://www.econbiz.de/10013499488
We consider a consumption model that takes into account the valuation and demand uncertainties that consumers face while using access services. Typical examples of such services include telecommunication services, extended warranties for consumer electronics, and club memberships. We demonstrate...
Persistent link: https://www.econbiz.de/10010280840