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Price, Quality and Reputation: Evidence from An Online Field Experiment
Field Experiment Evidence from
2015/9/21
Correspondence: Department of Economics, University of Maryland, College Park, MD 20742; phone
(301) 405-3484; email jin@econ.umd.edu. We benefit from comments of Austan Goolsbee, Raphael
Thom...
Multi-Object Auctions with Resale: Theory and Experiment
Multi-object Auctions Vickrey Second-Price Package Resale
2015/9/18
We study multi-object auctions in the presence of post-auction trade
opportunities among bidders who have either single- or multi-object demand. We
focus on two formats: Vickrey auctions where pac...
This paper demonstrates theoretically and experimentally that in first price auctions overbidding with respect to the risk neutral Nash equilibrium might be driven
from anticipated loser regret...
We perform laboratory experiments comparing auctions with endogenous budget constraints. A
principal imposes a budget limit on a bidder (an agent) in response to a principal-agent problem.
In cont...
Do Residential Customers Respond to Hourly Prices? Evidence from a Dynamic Pricing Experiment
Hourly Prices Dynamic Pricing Experiment
2015/7/31
Widespread participation of retail electricity
consumers in short-term wholesale electricity
markets throughout the United States is rapidly
becoming technologically feasible. A number
of juri...
Residential Customer Response to Real-Time Pricing: The Anaheim Critical-Peak Pricing Experiment
Real-Time Pricing Residential Customer
2015/7/31
This paper analyzes the results of a critical peak pricing (CPP) experiment involving 123
residential customers of the City of Anaheim Public Utilities (APU) over the period June 1, 2005
to October ...
Can Higher Prices Stimulate Product Use? Evidence from a Field Experiment in Zambia
Price Attitudes Health Industry Zambia
2015/4/20
The controversy over whether and how much to charge for health products in the developing world rests, in part, on whether higher prices can increase use, either by targeting distribution to high-use ...