Happy Hour

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Ebay’s Happy Hour: Non-rational Herding in Online Auctions

We hypothesized that on-line auction bidders would herd behind other bidders even when observed choices did not reveal private information. A model that inserts bidders engaging in this type of non-rational herding into a competitive market shows that, in equilibrium, (some) sellers set low starting-price in order to attract low valuation bidders who in turn bring high valuation ones. The model...

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Happy Hour Drink Specials in the Alcohol Purchase Task.

There is strong evidence to suggest that happy hour drink specials are associated with undesirable outcomes such as increased amount of drinking, increased likelihood of being highly intoxicated, and increased likelihood of experiencing negative outcomes related to drinking (e.g., getting into fights). Public policy efforts have been made to ban or at least restrict alcohol drink specials. Rese...

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Happy-Hour Economics, or How an Increase in Demand Can Produce a Decrease in Price

E C O N O M I C R E V I E W Second Quarter 2005 The framework of supply and demand in a competitive market is an economist’s most important tool. It is a powerful engine of analysis, and for many problems it provides the appropriate framework. Used properly, it can bring a wide variety of problems into proper focus. Too often, the novice assumes the simple model of supply and demand in a compet...

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It’s five o’clock somewhere: An examination of the association between happy hour drinking and negative consequences

BACKGROUND This study aims to understand which young adults' drinking behaviors change in the presence of happy hour specials, the ways in which they change, and whether a link exists between happy hour drinking behavior and negative outcomes. METHODS Using data collected from bar-going respondents (n = 1,423) within a print survey administered to a general college sample (n = 2,349), we iden...

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ژورنال

عنوان ژورنال: Études irlandaises

سال: 2012

ISSN: 0183-973X,2259-8863

DOI: 10.4000/etudesirlandaises.3223