PURPOSE Side effects and side-effect risk information can be provided using written medicine information. However, challenges exist in effectively communicating this information to consumers. This study aimed to explore broad consumer profiles relevant to ramipril and clopidogrel side-effect risk information interpretation. METHODS Three focus groups were conducted (n=18 consumers) exploring ...

As privacy becomes more central to information policy debates, conceptual privacy frameworks have increasingly used economic models. However, our understanding of the motivating factors behind informational privacy behavior is far from complete. This paper uses an economic behavior experiment to assess consumer privacy sentiments in controlled conditions to better understand the tradeoffs betwe...

Privacy decision making has been investigated in the Information Systems literature using two contrasting frameworks. A first framework has largely focused on deliberative, rational processes by which individuals weigh the expected benefits of privacy allowances and disclosure against their resulting costs. Under this framework, consumer privacy decision making is broadly constructed as driven ...

This paper empirically explores the degree to which consumers perceive a manufacturer’s warranty as a signal of unobservable product quality. Data on household purchases of new automobiles from the Consumer Expenditure Survey are used to estimate both conditional and mixed logit models of consumer demand, with the indirect utility specification extended to incorporate the impact of manufacturer...

when considering how to promote health by linking agriculture, food and nutrition, it makes perfect sense to have a closer look at existing legislation in the area of nutrition and health claims made on food products. This is particularly important because what industry is allowed to say about the impact on health of the foods it sells is an essential element in a number of areas, such as consu...

Abstract This paper estimates the elasticity of intertemporal substitution (EIS), allowing for household-specific portfolio. Previous studies that estimated the EIS used financial indexes as a proxy for the risky return on a representative household portfolio. According to the latest data from the 2004 Survey of Consumer Finances, however, the median US stockholders who own stocks directly hold...

Since the early days of the Internet, gender gap has existed in using the Internet, and it is particularly evident for online shopping. Females perceive higher level of risk for online shopping, and as a result, they tend to hesitate to make purchase online. Online consumer reviews can effectively mitigate such perceived risk by females and thereby attract them to buy online. This study investi...

Some analysts and business executives are becoming concerned that recent increases in the consumer debt burden, defined as the level of consumer debt relative to ability to repay, may foreshadow an economic slowdown. Higher debt increases the risk that a household may experience financial distress in the event of an adverse economic shock, such as the loss of a job or large uninsured medical ex...

Empirical research of consumer online shopping behavior has generally established that risk associated with online shopping is an important factor when consumers consider whether to shop online or in a brick-and-mortar store. Literature also indicates the importance of information search and product evaluation in consumer purchasing decisions. Building on these results, this paper develops an e...

Credit risk models are used by financial companies to evaluate in advance the insolvency risk caused by credits that enter into default. Many models for credit risk have been developed over the past few decades. In this paper, we focus on those models that can be formulated in terms of the probability of default by using survival analysis techniques. With this objective three different mechanis...