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Consequences Of Bottle Bills: How Bottle Deposit Return Schemes Affect Retail Prices And Lead Consumers To Larger Package Sizes

https://doi.org/10.2139/ssrn.5210140
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no DOI — not checkedthe first diagonal represents the standard deviation for pre_BB_price, which is 1.24 with a p-value <.001), whereas the off-diagonals represent the correlation between the household-specific parameters (e.g., the pre-BB_price and post-BB-price household-level parameters are correlated with .99 (rounded to 1.00), suggesting that households with a higher price sensitivity before the bottle bill also have a higher price sensitivity post bottle bill). The correlations are bivariate and hence symmetric
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