Browsing ECO Working Papers by Subject "D12"

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Browsing ECO Working Papers by Subject "D12"

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    Title: Taxes, Cigarette Consumption, and Smoking Intensity: Reply  Author(s): ADDA, Jérôme; CORNAGLIA, Francesca Date: 2011 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper shows that smoking intensity, i.e. the amount of nicotine extracted per cigarette smoked, responds to changes in excise taxes and tobacco prices. We exploit data covering the period 1988 to 2006 across many US ...
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    Title: Does Responsive Pricing Smooth Demand Shocks?  Author(s): COURTY, Pascal; PAGLIERO, Mario Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Using data from a unique pricing experiment, we investigate Vickrey’s conjecture that responsive pricing can be used to smooth both predictable and unpredictable demand shocks. Our evidence shows that increasing the ...
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    Title: Price Variation Antagonism and Firm Pricing Policies  Author(s): COURTY, Pascal; PAGLIERO, Mario Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Pricing schemes that vary prices in response to demand shocks may antagonize consumers and reduce demand. At the same time, consumers may take advantage of the opportunities offered by price changes. Overall, the net impact ...
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    Title: Do Consumers Care about How Prices Are Set?  Author(s): COURTY, Pascal; PAGLIERO, Mario Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Using a survey approach, we ask consumers to reveal their preferences over pricing schemes that may differ in terms of the average price of consumption, the amount of price variation, and the probability of being rationed. ...
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    Title: Does the Good Matter? Evidence on Moral Hazard and Adverse Selection from Consumer Credit Market  Author(s): BICAKOVA, Alena Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Default rates on instalment loans vary with type of the good purchased. Using an Italian dataset of instalment loans between 1995-1999, we first show that the variation persists even after controlling for contract ...