The effect of intrinsic and extrinsic quality on the willingness to pay for a convenient meal: A combination of home‐use‐test with online auctions

2021 ◽  
Author(s):  
Dolores Garrido ◽  
R. Karina Gallardo ◽  
Carolyn F. Ross ◽  
Maria Laura Montero ◽  
Juming Tang
Keyword(s):  
Willingness To Pay ◽  
Online Auctions

scholarly journals Willingness to Pay and Competition in Online Auctions

2007 ◽  
Vol 44 (2) ◽  
pp. 324-333 ◽  
Author(s):  
Tat Y. Chan ◽  
Vrinda Kadiyali ◽  
Young-Hoon Park
Keyword(s):  
Willingness To Pay ◽  
Online Auctions

scholarly journals Trading across Borders in Online Auctions

2018 ◽  
Vol 10 (4) ◽  
pp. 27-66 ◽  
Author(s):  
Elena Krasnokutskaya ◽  
Christian Terwiesch ◽  
Lucia Tiererova
Keyword(s):  
Willingness To Pay ◽  
Online Auctions ◽  
Trade Policies ◽  
Trade In Services ◽  
Outside Option ◽  
Entry Model ◽  
Programming Support ◽  
Using Data

We invoke the insights from the auction literature to study trade in services using data from an online market for programming support. We find that the observed clustering of trade between countries can be rationalized through a model featuring endogenous sorting of sellers who are heterogeneous in both quality and costs across projects offered by buyers who differ in outside option and willingness to pay for quality. To accommodate the possibility of such an outcome we extend a single-auction entry model to a setting where sellers choose among multiple projects. This feature plays an important role in explaining the data and understanding the effects of various trade policies. (JEL D44, F14, L15, L86)

Understanding Willingness-to-Pay Formation of Repeat Bidders in Sequential Online Auctions

2010 ◽  
Vol 21 (4) ◽  
pp. 907-924 ◽  
Author(s):  
Paulo B. Goes ◽  
Gilbert G. Karuga ◽  
Arvind K. Tripathi
Keyword(s):  
Willingness To Pay ◽  
Online Auctions

Subjective Time Preference and Willingness to Pay for an Energy-Saving Durable Good

2001 ◽  
Vol 32 (3) ◽  
pp. 133-141 ◽  
Author(s):  
Gerrit Antonides ◽  
Sophia R. Wunderink
Keyword(s):  
Willingness To Pay ◽  
Energy Saving ◽  
Subjective Time ◽  
Durable Good ◽  
Discount Function ◽  
Hyperbolic Discount ◽  
The One ◽  
Two Parameter ◽  
Difference Effect ◽  
Better Than

Summary: Different shapes of individual subjective discount functions were compared using real measures of willingness to accept future monetary outcomes in an experiment. The two-parameter hyperbolic discount function described the data better than three alternative one-parameter discount functions. However, the hyperbolic discount functions did not explain the common difference effect better than the classical discount function. Discount functions were also estimated from survey data of Dutch households who reported their willingness to postpone positive and negative amounts. Future positive amounts were discounted more than future negative amounts and smaller amounts were discounted more than larger amounts. Furthermore, younger people discounted more than older people. Finally, discount functions were used in explaining consumers' willingness to pay for an energy-saving durable good. In this case, the two-parameter discount model could not be estimated and the one-parameter models did not differ significantly in explaining the data.

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