Community toilet use in slums - willingness to pay and the role of informational and supply side constraints

2018 ◽  
Author(s):  
Britta Augsburg
Keyword(s):  
Willingness To Pay ◽  
Supply Side ◽  
Side Constraints

scholarly journals Community toilet use in Indian slums: willingness-to-pay and the role of informational and supply side constraints

2020 ◽  
Author(s):  
Alex Armand ◽  
◽  
Britta Augsburg ◽  
Antonella Bancalari ◽  
Bhartendu Trivedi ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Supply Side ◽  
Side Constraints

scholarly journals The Commercial Consequences of Collective Layoffs: Close the Plant, Lose the Brand?

2020 ◽  
Vol 84 (3) ◽  
pp. 122-141
Author(s):  
Vardit Landsman ◽  
Stefan Stremersch
Keyword(s):  
Price Elasticity ◽  
Automotive Industry ◽  
Marketing Mix ◽  
Supply Side ◽  
Difference In Differences ◽  
Sales And Marketing ◽  
Side Constraints ◽  
Advertising Spending ◽  
Moderating Role

This article examines the effects of collective layoff announcements on sales and marketing-mix elasticities, accounting for supply-side constraints. The authors study 205 announcements in the automotive industry using a difference-in-differences model. They find that, following collective layoff announcements, layoff firms experience adverse changes in sales, advertising elasticity, and price elasticity. They explore the moderating role of announcement characteristics on these changes and find that collective layoff announcements by domestic firms and announcements that do not mention a decline in demand as a motive are more likely to be followed by adverse marketing-mix elasticity changes. On average, sales for the layoff firm in the layoff country are 8.7% lower following a collective layoff announcement than their predicted levels absent the announcement. Similarly, advertising elasticity is 9.8% lower and price elasticity is 19.2% higher than absent the announcement. Conversely, layoff firms typically decrease advertising spending in the country where collective layoffs have occurred, yet they do not change prices. These findings are relevant to marketing managers of firms undergoing collective layoffs and to analysts of collective layoff decisions.

scholarly journals Informational Shocks and Street-Food Safety: A Field Study in Urban India

2020 ◽  
pp. 1-47
Author(s):  
Gianmarco Daniele ◽  
Sulagna Mookerjee ◽  
Denni Tommasi
Keyword(s):  
Food Safety ◽  
Willingness To Pay ◽  
Field Study ◽  
Information Acquisition ◽  
Supply Side ◽  
Street Food ◽  
Side Constraints ◽  
Urban India ◽  
Contaminated Food ◽  
Observed Behavior

We investigate whether improvements in street-food safety can be achieved by providing information to vendors in the form of a training. Among randomly assigned vendors in Kolkata, India, we find large improvements in knowledge and awareness, but little change in observed behavior. We provide two main explanations for these findings. First, information acquisition by itself does not make it significantly easier for vendors to provide customers with safer food options. Second, although consumers have a positive willingness to pay for perceived hygiene, they struggle to distinguish between safe and contaminated food. We recommend policies targeting supply-side constraints and consumers' awareness.

scholarly journals Assessing social preferences in reimbursement negotiations for new Pharmaceuticals in Oncology: an experimental design to analyse willingness to pay and willingness to accept

2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Dominik J. Wettstein ◽  
Stefan Boes
Keyword(s):  
Willingness To Pay ◽  
Real World ◽  
Cognitive Biases ◽  
Social Preferences ◽  
Standard Of Care ◽  
Added Value ◽  
Amazon Mechanical Turk ◽  
Patient Organisation ◽  
Patient Benefit

Abstract Background Price negotiations for specialty pharmaceuticals take place in a complex market setting. The determination of the added value of new treatments and the related societal willingness to pay are of increasing importance in policy reform debates. From a behavioural economics perspective, potential cognitive biases and other-regarding concerns affecting outcomes of reimbursement negotiations are of interest. An experimental setting to investigate social preferences in reimbursement negotiations for novel, oncology pharmaceuticals was used. Of interest were differences in social preferences caused by incremental changes of the patient outcome. Methods An online experiment was conducted in two separate runs (n = 202, n = 404) on the Amazon Mechanical Turk (MTurk) platform. Populations were split into two (run one) and four (run two) equally sized treatment groups for hypothetical reimbursement decisions. Participants were randomly assigned to the role of a public price regulator for pharmaceuticals (buyer) or a representative of a pharmaceutical company (seller). In run two, role groups were further split into two different price magnitude framings (“real world” vs unconverted “real payoff” prices). Decisions had real monetary effects on other participants (in the role of premium payers or investors) and via charitable donations to a patient organisation (patient benefit). Results 56 (run one) and 59 (run two) percent of participants stated strictly monotone preferences for incremental patient benefit. The mean incremental cost-effectiveness ratio (ICER) against standard of care (SoC) was higher than the initial ICER of the SoC against no care. Regulators stated lower reservation prices in the “real world” prices group compared to their colleagues in the unconverted payoff group. No price group showed any reluctance to trade. Overall, regulators rated the relevance of the patient for their decision higher and the relevance of their own role lower compared to sellers. Conclusions The price magnitude of current oncology treatments affects stated preferences for incremental survival, and assigned responsibilities lead to different opinions on the relevance of affected stakeholders. The design is useful to further assess effects of reimbursement negotiations on societal outcomes like affordability (cost) or availability (access) of new pharmaceuticals and test behavioural policy interventions.

Food security in the 21st century and in the role of biotechnology

foresight ◽  
1999 ◽  
Vol 1 (5) ◽  
pp. 399-412 ◽  
Author(s):  
Per Pinstrup‐Andersen ◽  
Marc J. Cohen
Keyword(s):  
Developing Countries ◽  
Food Security ◽  
Food Production ◽  
Supply Side ◽  
Adequate Diet ◽  
The World ◽  
Productivity Gains ◽  
Global Population ◽  
Global Food

Although global food production has consistently kept pace with population growth, the gap between food production and demand in certain parts of the world is likely to remain. More than 800 million people in developing countries lack access to a minimally adequate diet. Continued productivity gains are essential on the supply side, because global population will increase by 73 million people a year over the next two decades. In this article we assess the current global food situation, look at the prospects through to the year 2020, and outline the policies needed to achieve food security for all. Emphasis is on the role that agricultural biotechnology might play in reaching this goal.

Sharing is caring: the role of voter-candidate similarities in intra-party electoral competition

2018 ◽  
Vol 11 (1) ◽  
pp. 75-89 ◽  
Author(s):  
Patrick F. A. van Erkel
Keyword(s):  
Decision Making ◽  
Electoral Competition ◽  
Decision Making Process ◽  
Supply Side ◽  
Voting Behaviour ◽  
Party Leaders ◽  
Presidential Candidates ◽  
Underrepresented Groups ◽  
Candidate Characteristics

AbstractPrevious studies have found similarities with presidential candidates or party leaders to be an important factor in explaining voting behaviour. However, with the exception of gender, few studies have structurally studied voter-candidate similarities in intra-party electoral competition. This study investigates the Belgian case and argues that voter-candidate similarities play a role in the decision-making process of citizens when casting preferential votes. Moreover, it investigates whether underrepresented groups, and especially women, are more guided by these voter-candidate similarities than overrepresented groups. To achieve this aim voter and candidate characteristics are modelled simultaneously. This enables an investigation of the decision-making process of voters while taking into account structural inequalities at the supply side. The results demonstrate that citizens are indeed more likely to cast preferential votes for candidates similar to themselves and that these effects are stronger for underrepresented groups. Hence, preferential voting could ultimately pave the way for better descriptive representation.

scholarly journals Tourism and international business: The theoretical approach and practical experiences

2011 ◽  
Vol 91 (3) ◽  
pp. 19-37
Author(s):  
Dobrica Jovicic ◽  
Marko Stojiljkovic
Keyword(s):  
International Trade ◽  
International Business ◽  
Theoretical Approach ◽  
Supply Side ◽  
Tourism Research ◽  
Theoretical Concepts ◽  
Tourism Sector ◽  
Transnational Companies ◽  
Practical Experiences

The paper discusses the relationships between tourism and international business. The research is based upon combining various theoretical concepts, significant empirical experiences and own attitudes of the authors. The key conclusion of the paper is that, despite of the partial progress in understanding tourism businesses, the relationships between tourism and international business need additional stimulus. In other words, more complete research in the related domains is needed in future. Any understanding of tourism is inadequate without appreciating the contributions that international business might bring, yet at the same time international business is incomplete in its coverage of international trade unless tourism is considered. The consumption-driven agenda of much tourism research has been favoured over supply-side discourses of the production process it self. That is why the role of major transnational companies, setting the trends that other types of firms in the tourism sector follow is focused in the paper.

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