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Registros recuperados: 5
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Energy efficiency and appliance replacement AgEcon
LaFrance, Jeffrey T..
Engineering models generally find that most consumers are unwilling to adopt energy efficient appliances, even though the financial returns are positive. It is commonly thought that this is either due to market imperfections such as an incomplete credit market, very high intertemporal consumer discount rates, or irrational behavior. This paper presents a more sanguine explanation based on a model of rational dynamic choice in an uncertain environment. A random utility model (RUM) with consumer preferences that depend on the quality mix of energy-using appliances predicts that under plausible conditions - including the consumer's intertemporal discount rate equal to the real market rate of return on risk free investments - it may well be optimal for...
Tipo: Working Paper Palavras-chave: Appliances; Consumers' preferences; Econometric models; Efficiency; Energy; Consumer/Household Economics.
Ano: 2005 URL: http://purl.umn.edu/120462
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Firm-specific information, product differentiation, and industry equilibrium AgEcon
Perloff, Jeffrey M.; Salop, Steven.
Where consumers have imperfect information about specific firms’ prices and lack information about the market, firms have informational market power. In general, improving the consumer’s information about each firm’s price will not necessarily lower average market price. We show, however, that certain types of improvements will lower price. Moreover, a reduction in barriers to entry (e.g., capital costs) will lower price-holding information constant. Where a significant number (but not all) consumers have perfect information, single-price equilibria are impossible.
Tipo: Working or Discussion Paper Palavras-chave: Competition; Consumers; Consumers' preferences; Consumer education; Mathematical models; Demand elasticity; Economics; Equilibrium; Marketing; Consumer/Household Economics; Demand and Price Analysis.
Ano: 1985 URL: http://purl.umn.edu/47003
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NEW INSIGHT OF CHINESE LIVESTOCK CONSUMER AgEcon
Qin, Xiang Dong; Peng, Xuehua; Marchant, Mary A..
This paper overviews the development of Chinese livestock market. Based on a consumer preferences survey, a series of ordered probit models is developed to estimate Chinese consumers' preferences on the attributes of frozen and chilled livestock products. Keywords: Chinese livestock market, consumers' preferences, ordered probit model, attributes
Tipo: Conference Paper or Presentation Palavras-chave: Chinese livestock market; Consumers' preferences; Ordered probit model; Attributes; Consumer/Household Economics.
Ano: 2002 URL: http://purl.umn.edu/19806
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Equilibrium with product differentiation AgEcon
Perloff, Jeffrey M.; Salop, Steven.
Tipo: Working or Discussion Paper Palavras-chave: Brands; Competition; Consumers' preferences; Monopolies; Consumer/Household Economics.
Ano: 1984 URL: http://purl.umn.edu/47004
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The ideal table grapes for the Spanish market Rev. Bras. Frutic.
Piva,Cesar Rosso; Garcia,José Luis Lopez; Morgan,Wyn.
This paper seeks to explore a survey of consumers in Spain. The survey explores the attributes of quality that consumers are seeking and promotion of grapes via "quality" marks, which are indicators of possible ways to increase demand. The reason consumers are switching to other foods, such as dairy based snacks, is that grapes are not easy to eat, can be unreliable in terms of their quality attributes, and their price more variable. Consumers are also generally unaware of the marks quality currently used.
Tipo: Info:eu-repo/semantics/article Palavras-chave: Table grapes; Consumer survey; Consumers' preferences; Quality attributes.
Ano: 2006 URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0100-29452006000200023
Registros recuperados: 5
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