Rules of Thumb and Attention Elasticities: Evidence from Under- and Overreaction to Taxes
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This paper tests costly attention models of consumers misreaction to opaque taxes. We report an online shopping experiment that involves shrouded sales taxes that are exogenously varied within consumer over time. Some consumers systematically underreact to sales taxes while others systematically
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美国国家经济研究局创建时间：
2019-08-01
