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I analyze a model of directed search in which a consumer inspects a finite number of products sharing attributes with each others. The consumer discovers her valuation for the attributes of the inspected products and adapts her search strategy based on what she has learned. The consumer...
Persistent link: https://www.econbiz.de/10014566747
operations in light of this change. Drawing on a host of expert contributors, Precision Retailing takes a broad perspective of … precision retailing as the interaction point between individuals, organizations, institutions, systems, and policies that … support them in ever-changing contexts. The book assembles precision retailing key concepts, methods, and tools that …
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"This book delves into the intricacies of this intersection, exploring the transformative influence of AI on how businesses understand, analyze, and respond to the ever-evolving behavior of digital consumers"--
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"Existing scholarship on the early modern consumer revolution postulates a dichotomy between the classic pioneering countries of England and the Netherlands and the remaining parts of Europe, which were more stagnant. We contribute to this literature by analysing probate inventories in a rural...
Persistent link: https://www.econbiz.de/10014310165
We characterize the evolution of markups for consumer products in the United States from 2006 to 2019. Using detailed data on prices and quantities for products in more than 100 distinct product categories, we estimate flexible demand systems and recover markups under an assumption that firms...
Persistent link: https://www.econbiz.de/10014635702
We study the causal impacts of income on a rich array of employment outcomes, leveraging an experiment in which 1,000 low-income individuals were randomized into receiving $1,000 per month unconditionally for three years, with a control group of 2,000 participants receiving $50/month. We gather...
Persistent link: https://www.econbiz.de/10014635682