Monetary transactions in which consumption is temporally separated from purchase naturally lend themselves to multiple frames and to alternative accounting...
In the standard economic account of consumer behavior the cost of a purchase takes the form of a reduction in...
Research in intertemporal choice has been done in a variety of contexts, yet there is a remarkable consensus that future...
We investigate experimentally how firms and consumers react to a sudden cost increase in a competitive retail market. We compare...
Nominal wage rigidity has been shown to exist in periods of high inflation, while reduction in nominal pay has been...
Research on choice architecture is shaping policy around the world, touching on areas ranging from retirement economics to environmental issues....
This research examines the effects of earmarking money on savings by low-income consumers. In particular, the authors test two interventions...
Recent theoretical progress on inequity has left unresolved the crucial question of what constitutes equity. This paper proposes a positive...
A random survey reveals that a rise in price to cope with a situation of excess demand is considered unfair...
The paper argues for the relevance of procedural justice to social choice and presents supporting evidence from primary data on...