Narrow search
Showing 1 - 10 of 728,424
Cover Image
Deep habits
Ravn, Morten O.; Schmitt-Grohé, Stephanie; Uribe, Martín - In: The review of economic studies 73 (2006) 1, pp. 195-218
Persistent link: https://www.econbiz.de/10003289104
Cover Image
Deep habits
Ravn, Morten O.; Schmitt-Grohé, Stephanie; Uribe, Martín - 2004
Persistent link: https://www.econbiz.de/10001916038
Cover Image
Deep Habits
Ravn, Morten - 2004
typically assumed ad-hoc in customer market and brand switching cost models. A central result of the paper is that deep habits …
Persistent link: https://www.econbiz.de/10012468432
Cover Image
Deep habits
Ravn, Morten O. - 2004
Persistent link: https://www.econbiz.de/10013424377
Cover Image
Switching costs, brand premia and behavioral pricing in the pharmaceutical market
Janssen, Aljoscha - 2020
brand premia. A unique feature of the Swedish market allows me to rule out patients' inattention due to information costs as … mimics a reduction of switching costs and increases prices. While the effect of switching costs on prices in theory is … everyone acts as a medical expert and experiences fewer brand premia, prices decrease. …
Persistent link: https://www.econbiz.de/10012161505
Cover Image
Switching Costs, Brand Premia and Behavioral Pricing in the Pharmaceutical Market
Janssen, Aljoscha - 2020
brand premia. A unique feature of the Swedish market allows me to rule out patients' inattention due to information costs as … mimics a reduction of switching costs and increases prices. While the effect of switching costs on prices in theory is … everyone acts as a medical expert and experiences fewer brand premia, prices decrease …
Persistent link: https://www.econbiz.de/10014095430
Cover Image
Fixed costs matter
Kamphorst, Jurjen; Mendys-Kamphorst, Ewa; Westbrock, Bastian - 2018
According to standard economic wisdom, fixed costs should not matter for pricing decisions. However, outside economics, it is widely accepted that firms need to increase their prices after a fixed cost rise. In this note, we show that a liquidity-constrained firm that maximizes lifetime profits...
Persistent link: https://www.econbiz.de/10011936060
Cover Image
Switching Costs and Store Choice
Richards, Timothy J. - 2019
test our theory using a panel of household-level store-choice data. Contrary to the conventional wisdom, we find that …
Persistent link: https://www.econbiz.de/10012861041
Cover Image
Inattention vs switching costs : an analysis of consumers' inaction in choosing a water tariff
Heiss, Florian; Ornaghi, Carmine; Tonin, Mirco - 2021
This paper studies consumers' choice between two different water tariffs. We document a large inaction in a novel setting where customers face a binary decision and receive simple, detailed and personalized information about the financial savings they would obtain if they were to switch water...
Persistent link: https://www.econbiz.de/10012592066
Cover Image
Tariff Choice with Consumer Learning and Switching Costs
Goettler, Ronald L.; Clay, Karen - 2010
Consumers choosing flat-rate contracts tend to have insufficient usage to warrant the cost, particularly for new products. We propose and estimate a Bayesian learning model of tariff and usage choice that explains this "flat-rate bias'' without relying on behavioral misjudgments or...
Persistent link: https://www.econbiz.de/10014059541