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A growing body of research suggests that an abundance of choices can lead to decision-making difficulties for consumers. Rather than maximizing utility, many consumers employ a satisficing decision-making approach, whereby they search for products sequentially until they find one that is...
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Live-streaming advertising in e-commerce is soaring. Both Amazon and Alibaba have employedthis novel marketing model to engage consumers by sequentially exhibiting differentproducts through live-streaming videos. In this paper we adopt a mechanism design frameworkto model live-streaming...
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Manzini and Mariotti [Manzini, Paola, Marco Mariotti. 2014. Stochastic choice and consideration sets. Econometrica 82(3) 1153-1176.] propose a consideration set based choice model that postulates a full preference ordering as well as exogenous attention probabilities from which consideration...
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