Market Behavior with Environmental Quality Information Costs
نویسندگان
چکیده
منابع مشابه
Information sampling behavior with explicit sampling costs.
The decision to gather information should take into account both the value of information and its accrual costs in time, energy and money. Here we explore how people balance the monetary costs and benefits of gathering additional information in a perceptual-motor estimation task. Participants were rewarded for touching a hidden circular target on a touch-screen display. The target's center coin...
متن کاملQuality incentives in a regulated market with imperfect information and switching costs: capitation in general practice.
We model a system akin to the British National Health Service (NHS), in which general practictioners (GPs) are paid by capitation from general taxation. GPs are horizontally and vertically differentiated and compete for patients via their imperfect observed quality. We show that for any given capitation fee quality is lower and the incentive effects of the fee on quality are smaller when there ...
متن کاملThe Role Of Product Quality Information, Market State Information And Transaction Costs In Electronic Auctions
Electronic auctions have rapidly increased in popularity, but the consequences of switching to an electronic auction are unclear. In part this is because multiple changes occur at the same time so one can only observe the combined effect of these changes and not the effect of each separate change. For instance, electronic bidders face lower transaction costs, but also have less information abou...
متن کاملQuality Makes the Information Market
In this paper we consider information exchange via the Web to be an information market. The notion of quality plays an important role on this information market. We present a model of quality and discuss how this model can be operationalized. This leads us to quality measurement, interpretation of measurements and the associated accuracy. An illustration in the form of a basic quality assessmen...
متن کاملEnvironmental Information—Explanatory Factors for Information Behavior
As sustainable waste management has become an important environmental concern, growing emphasis is being given to policy tools aimed at increasing recycling behavior by households. Information is a common policy tool, but may not always reach the individuals whose behavior is being targeted, i.e., those reluctant to recycle. This study examined individual differences in attention to recycling i...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Agricultural & Food Industrial Organization
سال: 2009
ISSN: 1542-0485
DOI: 10.2202/1542-0485.1272