Search Results - subject:"reference points"

Global sourcing if contracts are reference points

Kukharskyy, Bohdan - 2012

reference points and future is uncertain, a fundamental tradeoff arises between these two modes. By stipulating a range of … ; contracts as reference points ; haggling ; contractual rigidity vs. flexibility …

Persistent link: https://www.econbiz.de/10009686677

Repeated bargaining with reference-dependent preferences

Hyndman, Kyle - In: International Journal of Game Theory 40 (2011) 3, pp. 527-549

Persistent link: https://www.econbiz.de/10009324684

Testing transitivity in choice under risk

Birnbaum, Michael; Schmidt, Ulrich - In: Theory and Decision 69 (2010) 4, pp. 599-614

Persistent link: https://www.econbiz.de/10008673733

The influence of inventory effects and reference points on the rate of consumption

Bell, David R.; Boztuæg, Yasemin - 2001

The authors develop and test a model to study the in uence of inventory-on-hand and price-based reference points on the …

Persistent link: https://www.econbiz.de/10010310424

The influence of inventory effects and reference points on the rate of consumption

Bell, David R.; Boztuæg, Yasemin - Sonderforschungsbereich 373, Quantifikation und … - 2001

The authors develop and test a model to study the in uence of inventory-on-hand and price-based reference points on the …

Persistent link: https://www.econbiz.de/10010983427

A Non-Random Walk Down the Main Street: Impact of Price Trends on Trading Decisions of Individual Investors

Kumar, Alok; Dhar, Ravi - School of Management, Yale University - 2001

in the response of these investor segments to reference points such as recent high and low prices. Furthermore …

Persistent link: https://www.econbiz.de/10005587145

Reference Points and Effort Provision

Abeler, Johannes; Falk, Armin; Götte, Lorenz; Huffman, … - C.E.P.R. Discussion Papers - 2009

A key open question for theories of reference-dependent references is what determines the reference point. One candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment, we manipulate the rational expectations of subjects and...

Persistent link: https://www.econbiz.de/10005791668

EXPECTED UTILITY AND THE ENDOWMENTEFFECT: SOME EXPERIMENTAL RESULTS

Morrison, Gwendolyn C. - University <Nottingham> / Department of Economics - 2000

preferences. Key words: Expected Utility; Endowment Effect; Standard Gambles; Reference Points JEL Classification: D1; D8; C9 …

Persistent link: https://www.econbiz.de/10005869086

Social Comparisons as a device for cooperation in simultaneous-move games

Munoz-Garcia, Felix - School of Economic Sciences, Washington State University - 2008

This paper analyzes the effects of players' relative comparisons in complete information simultaneous-move games. In particular, every individual is assumed to evaluate the kindness she infers from other players'choices by comparing these choices with respect to a given refer- ence level....

Persistent link: https://www.econbiz.de/10005727836

Prospect Theory and Coercive Bargaining

Butler, Christopher K. - In: Journal of Conflict Resolution 51 (2007) 2, pp. 227-250

examination of different types of reference points that make sense for bargaining problems. Four types of reference points are … discussed and analyzed: power-based, equity, variants of the status quo, and extreme ``I-want-it-all'' reference points. Each of … these types of reference points produce different bargaining behavior at the individual level and in combination with the …

Persistent link: https://www.econbiz.de/10010802270