摘要:

The quantity of hazardous or ineffective products on national and international markets is higher than can be explained by current theory. Research has shown that “lemons” can indeed occur and it has specified roles for (a) potential future purchases and (b) seller reputation. This paper explores incentives facing sellers of goods containing one or more negative characteristics. The economics of concealment provides the conditions under which some sellers use resources to interfere with quality signals. This allows, at the extreme, a class of product which is a “pure lemon” in that its very existence would not be justified if consumers were fully informed. The paper identifies important variables which have direct policy implications for regulation and for consumer

ISSN:0022-0078    

DOI:10.1111/j.1745-6606.1995.tb00037.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

Based on an economic model of consumer demand, a multinomial logit model is estimated to predict the probability of a consumer falling into one of four categories of complaint action: no action, private, public, or both private and public complaints. Automobile repair and medical services are used as examples of more and less competitive industries. There are differences across industries with regard to variables that explain variation in complaints. Once variables representing the cost/benefit, learning, restraints, and personality models are accounted for, most of the variation in complaint behavior for both industries is explained by the learning and restraints models. Characteristics of individuals are important in explaining complaint behavior for both auto repair and medical services, while supply side characteristics are important in explaining variation in complaint behavior for auto repair services.

ISSN:0022-0078    

DOI:10.1111/j.1745-6606.1995.tb00038.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

Adults and teenagers were surveyed to determine their use and ownership of 32 consumer, business, and entertainment technology devices. Demographics, technology experience, and “technophobia” were examined as potential discriminators between Confident Users, Hesitant Users, and Nonusers of each technological device. Results indicated that older, technophobic adults with little computer training and lower income, black and Hispanic, technophobic teenagers did not use most technological devi

ISSN:0022-0078    

DOI:10.1111/j.1745-6606.1995.tb00039.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

Despite its many health benefits, seafood consumption has declined partially due to consumers' safety concerns. Efforts to provide safety assurance to consumers have focused on provision of government inspection programs; programs that both consumer groups and the seafood industry have called inadequate. This study explores consumer preferences for a wide array of alternative safety assurances. Consumers' selection of and willingness to pay for seafood safety assurances were elicited using an in‐person market‐like experiment. Results indicate that consumers are able to demonstrate clear preferences and values for alternative assurances. This indicates further consumer research is warranted to provide a basis for public policy recommendations regarding seafood safety assuran

ISSN:0022-0078    

DOI:10.1111/j.1745-6606.1995.tb00040.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

In August 1993, the U.S. Department of Agriculture (USDA) announced a rule requiring safe handling labels on meat and poultry to help prevent foodborne illnesses caused by improper food handling. The authors conducted focus groups with household food preparers to help USDA develop an effective label format. Most participants preferred labels with SHORT instructions, ICONS, and an explanation WHY it is important to follow the instructions.

ISSN:0022-0078    

DOI:10.1111/j.1745-6606.1995.tb00041.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

This study examines the role of consumer beliefs and perceptions in explaining apprehension toward milk from recombinant bovine growth hormone (rbGH) treated cows. Results support the notion that consumers overestimate risks associated with milk from rbGH treated herds. The study indicates the quantity of milk purchased, willingness to pay a premium for untreated milk, and gender positively influence risk perceptions, while income inversely influences risk perceptions.

ISSN:0022-0078    

DOI:10.1111/j.1745-6606.1995.tb00042.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

Audience segmentation and focus group methods were used to evaluate consumer reactions to a risk/benefit/option message about agricultural chemicals in the food supply. The approach was well‐received and showed potential for raising consumers' concerns regarding health and environmental risks associated with pesticides, along with confidence in their ability to minimize exposure to residues. Concern and confidence increased most among consumers who already were concerned and who were most removed from agricultur

ISSN:0022-0078    

DOI:10.1111/j.1745-6606.1995.tb00043.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

Although studies of housing tenure choice are numerous, none found discuss how tenure is related to consumer expenditures. Using data from the U.S. Consumer Expenditure Survey, this study investigates whether differences observed in selected expenditures across tenure are due to dissimilar demographics alone, or to underlying differences in consumers which are reflected in their choice of tenure. Expenditures by homeowners and renters are examined and compared.

ISSN:0022-0078    

DOI:10.1111/j.1745-6606.1995.tb00044.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

Previous analyses of the automobile lease versus purchase decision have ignored the value of the call option embedded in closed‐end leases with guaranteed buy back provisions. This paper shows that ignoring the value of this call option results in a bias against leasing in the lease versus purchase decision. Supporting evidence is provided by an empirical model of automobile lease rate

ISSN:0022-0078    

DOI:10.1111/j.1745-6606.1995.tb00045.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

Despite their growing economic power, children's acquisition and use of money rarely has been investigated in academic research, although it has been a frequent topic in the media. This study (1) describes sources and uses of money children (age 10–15) receive; and (2) investigates the association of children's uses of money with their age, gender, family structure, and sources of money. The sources of money are associated with children's uses of it, but age, gender, and family situation do not relate to the way they use money. Consumer education should focus on the sources of children's money in relation to the way they use i

ISSN:0022-0078    

DOI:10.1111/j.1745-6606.1995.tb00046.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY