Arbeitspapier
Consumers activism: The Facebook boycott of cottage cheese
We study a consumer boycott on cottage cheese that was organized in Israel on Facebook in the summer of 2011 following a steep increase in prices after price controls were lifted in 2006. The boycott led to an immediate decline in prices which stayed low more than three years after the boycott. We find that (i) demand at the start of the boycott, at the new low prices, would have been 30% higher but for the boycott, (ii) own price elasticities and especially cross price elasticities increased substantially after the boycott, and (iii) post-boycott prices are substantially below the levels implied by the post-boycott elasticities of demand, suggesting that firms lowered prices due to fears of the boycott spreading to other products, of new price controls, and of possibly class action law suits.
- Sprache
-
Englisch
- Erschienen in
-
Series: CSIO Working Paper ; No. 0138
- Klassifikation
-
Wirtschaft
Consumer Economics: Empirical Analysis
- Thema
-
consumer boycott
social media
price elasticities
Konsumentenboykott
Social Web
Wirkungsanalyse
Käse
Preis
Preiselastizität
Schätzung
Israel
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hendel, Igal
Lach, Saul
Spiegel, Yossi
- Ereignis
-
Veröffentlichung
- (wer)
-
Northwestern University, Center for the Study of Industrial Organization (CSIO)
- (wo)
-
Evanston, IL
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Hendel, Igal
- Lach, Saul
- Spiegel, Yossi
- Northwestern University, Center for the Study of Industrial Organization (CSIO)
Entstanden
- 2015