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来源类型Working Paper
规范类型报告
DOI10.3386/w25186
来源IDWorking Paper 25186
Price Salience and Product Choice
Thomas Blake; Sarah Moshary; Kane Sweeney; Steven Tadelis
发表日期2018-10-22
出版年2018
语种英语
摘要We study the effect of price salience on whether a product is purchased and, conditional on purchase, the quality purchased. Consistent with our theoretical predictions, we find that making the full purchase price salient to consumers reduces both the quality and quantity of goods purchased. The effect of salience on quality accounts for at least 28% of the overall revenue decline. Evidence shows that the effects persist beyond the first purchase and impact even experienced users. Detailed click-stream data shows that price-obfuscation makes price comparisons difficult and results in consumers spending more than they otherwise would. We also find that sellers respond to the increased price obfuscation by listing higher quality tickets.
主题Econometrics ; Experimental Design ; Microeconomics ; Households and Firms ; Economics of Information ; Industrial Organization ; Market Structure and Firm Performance
URLhttps://www.nber.org/papers/w25186
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582860
推荐引用方式
GB/T 7714
Thomas Blake,Sarah Moshary,Kane Sweeney,et al. Price Salience and Product Choice. 2018.
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