Showing 41 - 50 of 752,788
We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where …
Persistent link: https://www.econbiz.de/10014358835
This paper investigates consumer choices in the presence of conflicting goals, with and without information making conflicts salient. An experimental online study was conducted with a sample of German consumers, focusing on pig farming. The results show that personal health benefits outweigh...
Persistent link: https://www.econbiz.de/10014500728
A number of self-beneficial motives can trigger pro-environmental and prosocial behavior of individuals. We focus on the role of the warm glow of giving-the personal benefit people experience when doing good irrespective of the consequences-in the valuation of ethically certified food products....
Persistent link: https://www.econbiz.de/10013486110
particular tasting and sales environment. In this paper, we use an experiment to explicitly modify the saliency of wine options …
Persistent link: https://www.econbiz.de/10014438145
another and that the composition of income is irrelevant for consumption. We find in a field experiment that even in a simple … change consumption according to the suggestion of the label. A controlled laboratory experiment confirms this result and … consumers ; field experiment ; laboratory experiment …
Persistent link: https://www.econbiz.de/10003716538
broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …
Persistent link: https://www.econbiz.de/10003944278
We analyze subjects' eye movements while they make decisions in a series of one-shot games. The majority of them perform a partial and selective analysis of the payoff matrix, often ignoring the payoffs of the opponent and/or paying attention only to specific cells. Our results suggest that...
Persistent link: https://www.econbiz.de/10009709528
This paper reviews some of the economic experimental evidence on conformism. There is nothing to match the early psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is plenty of evidence of conformism. This seems built-in to...
Persistent link: https://www.econbiz.de/10010230894
A frequent feature of information structures is that they generate signals which are not mutually independent, but rather rely on a common set of underlying information. Using a simple experimental design, we show that in such contexts many people neglect correlations in the updating process,...
Persistent link: https://www.econbiz.de/10010339934
This paper tests how subjects behave in an intertemporal consumption/saving experiment when borrowing is allowed and …
Persistent link: https://www.econbiz.de/10010487750