Selling on eBay? Get higher bids with a red background

The color red influences consumers to become more aggressive in online auctions and affects how much they are willing to pay for products as varied as video game consoles and Florida vacation packages, according to a new ...

Why would consumers pay less for separate than bundled products?

Packaging an expensive item with a cheap one seems like a no-brainer. But according to a new study in the Journal of Consumer Research, most consumers in this situation are not willing to pay as much for a combination as ...

Tracing families' escape from poverty

For all the detailed tools developed to study finance in past decades, relatively few scholars have brought those methods to bear on a pressing social question: How do poor people manage their finances?

Imagine your future self: Will it help you save money?

Why do people choose present consumption over their long-term financial interests? A new study in the Journal of Consumer Research finds that consumers have trouble feeling connected to their future selves.

Social norms influence willingness to protect the climate

People contribute only very little to climate protection, because they underestimate the willingness of others to contribute. This is the central result of a new study by the behavioral economists Peter Andre, Teodora Boneva, ...

San Francisco parking app refuses shut-down order

The company behind an app that allows San Francisco drivers to get paid for the public parking spaces they exit is rejecting an order from the city attorney to stop its operations.

Simplified solutions to deforestation ineffective in the long run

Deforestation is the second largest source of CO2 emissions after consumption of fossil fuels. So-called PES programmes, where landowners are paid to replant or protect forests, have been promoted as a way to reduce deforestation. ...

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