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Showing 1 to 2 of 2 for “"unit price sequence"”.
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A Behavioral Economic Analysis of the Effects of Unit Price Sequence on Demand for Money in Humans.
… groups of participants were exposed to different unit price sequences. Unit prices for all groups ranged from unit price 1 to 21. Analyses of demand curves, response rates, session duration, and elasticity coefficients suggest that the sequence of exposure to unit prices can affect the elasticity …
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A Behavioral Economic Analysis of the Demand for Money in Humans
This study investigated the effects of unit price structure, unit price descriptions, and unit price sequence on the demand for money in humans. Six groups of 3 participants solved multiplication problems in exchange for money under various unit prices. Consumption of money decreased as the unit …