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  1. Inattentive consumers in markets for services.Stefania Sitzia, Jiwei Zheng & Daniel John Zizzo - 2015 - Theory and Decision 79 (2):307-332.
    In an experiment on markets for services, we find that consumers are likely to stick to default tariffs and achieve suboptimal outcomes. We find that inattention to the task of choosing a better tariff is likely to be a substantial problem in addition to any task and tariff complexity effect. The institutional setup on which we primarily model our experiment is the UK electricity and gas markets, and our conclusion is that the new measures by the UK regulator Ofgem to (...)
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