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Consumer Inertia, Choice Dependence, and Learning from Experience in a Repeated Decision Problem
16 references·12 citing·40 second hop
Consumer Inertia, Choice Dependence, and Learning from Experience in a Repeated Decision Problem (2013)Consumer Inertia, Choice Dependence, and …The Quarterly Journal of Economics (2024)The Quarterly Journal of Econ…American Economic Review (2019)American Economic ReviewEntrepreneurship, Social Mobility, and Income Redistribution in South India (2016)Entrepreneurship, Social Mobi…Psychology and Economics: Evidence from the Field (2009)Psychology and Economics: Evi…Paying Not to Go to the Gym (2006)Paying Not to Go to the GymA Model of Reference-Dependent Preferences (2006)A Model of Reference-Dependen…Implications of rational inattention (2003)Implications of rational inat…Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve (2002)Sticky Information versus Sti…The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior (2001)The Power of Suggestion: Iner…Frictionless Commerce? A Comparison of Internet and Conventional Retailers (2000)Frictionless Commerce? A Comp…Why Bounded Rationality (1996)Why Bounded RationalityAnother look at the instrumental variable estimation of error-components models (1995)Another look at the instrumen…Allocative Efficiency of Markets with Zero-Intelligence Traders: Market as a Partial Substitute for Individual Rationality (1993)Allocative Efficiency of Mark…The Estimation of Choice Probabilities from Choice Based Samples (1977)The Estimation of Choice Prob…Irrational Behavior and Economic Theory (1962)Irrational Behavior and Econo…Risk, Uncertainty and Profit (1921)Risk, Uncertainty and ProfitTransitory shocks, limited attention, and a firm’s decision to exit (2024)Transitory shocks, limited at…What drives drivers? Switching, learning, and the impact of claims in car insurance (2023)What drives drivers? Switchin…Not too much nor too little: Salience bias in mobile plan choices (2021)Not too much nor too little: …ESTIMATING THE HETEROGENEOUS WELFARE EFFECTS OF CHOICE ARCHITECTURE (2019)ESTIMATING THE HETEROGENEOUS …The impact of the decision environment on consumer choice of mobile service plans: An experimental examination (2018)The impact of the decision en…An assessment of the role of cultural capital on sustainable mobility behaviours: Conceptual framework and empirical evidence (2018)An assessment of the role of …Switching Costs and Competition in Retirement Investment (2017)Switching Costs and Competiti…Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market (2017)Power to Choose? An Analysis …A Route Choice Model with Context-Dependent Value of Time (2017)A Route Choice Model with Con…Price Dispersion and Consumer Inattention: Evidence from the Market of Bank Accounts (2016)Price Dispersion and Consumer…Choosing a wrong mobile communication price plan: An empirical analysis of predictors of the degree of tariff misfit among flat rate subscribers in Germany (2016)Choosing a wrong mobile commu…Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market (2015)Power to Choose? An Analysis …Prospect Theory: An Analysis of Decision under Risk (1979)Golden Eggs and Hyperbolic Discounting (1997)A perspective on judgment and choice: Mapping bounded rationality. (2003)Salience Theory of Choice Under Risk (2012)Thirty Years of Prospect Theory in Economics: A Review and Assessment (2013)Some International Evidence on Output-Inflation Tradeoffs. (1973)An Economic Theory of Self-Control (1977)Were There Regime Switches in U.S. Monetary Policy? (2006)In Search of Attention (2011)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment restrictions in dynamic panel data models (1998)Econometric Analysis of Cross Section and Panel Data (2001)Judgment under Uncertainty: Heuristics and Biases (1974)Prospect theory: An analysis of decision under risk (1988)What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World? (2007)Salience and Taxation: Theory and Evidence (2009)Price and Advertising Signals of Product Quality (1986)Consumer Acceptance of Electronic Commerce: Integrating Trust and Risk with the Technology Acceptance Model (2003)A trust-based consumer decision-making model in electronic commerce: The role of trust, perceived risk, and their antecedents (2007)Progress in information technology and tourism management: 20 years on and 10 years after the Internet—The state of eTourism research (2008)Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)Doing It Now or Later (1999)Maps of Bounded Rationality: Psychology for Behavioral Economics (2003)The Economic Importance of Financial Literacy: Theory and Evidence (2014)Staggered Prices in a Utility-Maximizing Framework (1996)The Science of Monetary Policy: A New Keynesian Perspective (1999)Macroeconomic Expectations of Households and Professional Forecasters (2003)Real Wage Rigidities and the New Keynesian Model (2007)Five Facts about Prices: A Reevaluation of Menu Cost Models * (2008)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Entrepreneurial discovery and the competitive market process: an Austrian approach (2000)Gender Differences in Preferences (2009)A Theory of Fairness, Competition, and Cooperation (1999)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)The Skill Content of Recent Technological Change: An Empirical Exploration (2003)Upper Echelons: The Organization as a Reflection of Its Top Managers (1984)The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage (1998)The Promise of Entrepreneurship as a Field of Research (2000)
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References

  • 1995Another look at the instrumental variable estimation of error-components models19,861 cited
  • 2019American Economic Review10,902 cited
  • 1921Risk, Uncertainty and Profit9,962 cited
  • 2024The Quarterly Journal of Economics7,176 cited
  • 2003Implications of rational inattention3,869 cited
  • 2001The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior2,732 cited
  • 2006A Model of Reference-Dependent Preferences2,726 cited
  • 2000Frictionless Commerce? A Comparison of Internet and Conventional Retailers2,478 cited
  • 2009Psychology and Economics: Evidence from the Field2,406 cited
  • 2002Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve2,302 cited
  • 1993Allocative Efficiency of Markets with Zero-Intelligence Traders: Market as a Partial Substitute for Individual Rationality1,652 cited
  • 2016Entrepreneurship, Social Mobility, and Income Redistribution in South India1,530 cited
  • 1996Why Bounded Rationality1,522 cited
  • 1977The Estimation of Choice Probabilities from Choice Based Samples1,207 cited
  • 2006Paying Not to Go to the Gym1,187 cited

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  • 1962Irrational Behavior and Economic Theory1,177 cited
  • Cited by

    • 2017Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market255 cited
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    • 2017A Route Choice Model with Context-Dependent Value of Time37 cited
    • 2016Price Dispersion and Consumer Inattention: Evidence from the Market of Bank Accounts25 cited
    • 2018An assessment of the role of cultural capital on sustainable mobility behaviours: Conceptual framework and empirical evidence18 cited
    • 2024Transitory shocks, limited attention, and a firm’s decision to exit14 cited
    • 2016Choosing a wrong mobile communication price plan: An empirical analysis of predictors of the degree of tariff misfit among flat rate subscribers in Germany14 cited
    • 2019ESTIMATING THE HETEROGENEOUS WELFARE EFFECTS OF CHOICE ARCHITECTURE9 cited
    • 2021Not too much nor too little: Salience bias in mobile plan choices9 cited
    • 2023What drives drivers? Switching, learning, and the impact of claims in car insurance8 cited
    • 2018The impact of the decision environment on consumer choice of mobile service plans: An experimental examination3 cited