Narrow Search
Search narrowed by
Last searches

Results for *

Displaying results 1 to 3 of 3.

  1. Price gouging or market forces?
    fairness perceptions of price hikes in the pandemic
    Published: [2024]
    Publisher:  [Bar Ilan University, Department of Economics], [Ramat-Gan, Israel]

    We report the results of surveys we conducted in the US and Israel in 2020, a time when many prices increased following the spread of the COVID-19 pandemic. To assess respondents' perceptions of price increases, we focus on goods whose prices have... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 205
    No inter-library loan

     

    We report the results of surveys we conducted in the US and Israel in 2020, a time when many prices increased following the spread of the COVID-19 pandemic. To assess respondents' perceptions of price increases, we focus on goods whose prices have increased during the pandemic, including some essential goods. Consistent with the principle of dual entitlement, we find that respondents perceive price increases as more acceptable if they are due to cost shocks than if they are due to demand shocks. However, we also find large differences across the two populations, as well as across goods.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: [Working papers] / [Bar-Ilan University, Department of Economics] ; 2024, 03
    Subjects: Fairness Perceptions; Price Increases; The Pandemic; Dual Entitlement; Consumer Antagonism
    Scope: 1 Online-Ressource (circa 20 Seiten), Illustrationen
  2. Price gouging or market forces?
    fairness perceptions of price hikes in the pandemic
    Published: [2024]
    Publisher:  Rimini Centre for Economic Analysis, [Waterloo, Ontario]

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 714
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper series / Rimini Centre for Economic Analysis ; wp 24, 03
    Subjects: Fairness Perceptions; Price Increases; The Pandemic; Dual Entitlement; Consumer Antagonism
    Scope: 1 Online-Ressource (circa 21 Seiten), Illustrationen
  3. Large effects of small cues
    priming selfish economic decisions
    Published: [2024]
    Publisher:  [Bar Ilan University, Department of Economics], [Ramat-Gan, Israel]

    Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 205
    No inter-library loan

     

    Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior between economists and non-economists are: (i) the selection effect, and (ii) the indoctrination effect. We offer an alternative, novel explanation: we argue that these differences can be explained by differences in the interpretation of the context. We test this hypothesis by conducting two social dilemma experiments in the US and Israel with participants from both economics and non-economics majors. In the experiments, participants face a tradeoff between profit maximization (market norm) and workers' welfare (social norm). We use priming to manipulate the cues that the participants receive before they make their decision. We find that when participants receive cues signaling that the decision has an economic context, both economics and non-economics students tend to maximize profits. When the participants receive cues emphasizing social norms, on the other hand, both economics and non-economics students are less likely to maximize profits. We conclude that some of the differences found between the decisions of economics and non-economics students can be explained by contextual cues.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Edition: Revised: April 21, 2024
    Series: [Working papers] / [Bar-Ilan University, Department of Economics] ; 2024, 05
    Subjects: Selection; Indoctrination; Self-Interest; Market Norms; Social Norms; Economic Man; Rational Choice; Fairness; Experimental Economics; Laboratory Experiments; Priming; Economists vs. Non-Economists
    Scope: 1 Online-Ressource (circa 57 Seiten), Illustrationen