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Reason-based choice : a bargaining rationale for the attraction and compromise effects
De Clippel, Geoffroy; Eliaz, Kfir - In: Theoretical economics : TE ; an open access journal in … 7 (2012) 1, pp. 125-162
solution to an intra-personal bargaining problem among different selves of an individual, where each self represents a … coincide with our bargaining solution, for some pair of preference relations. Second, we provide a revealed …-preference foundation to our bargaining solution and characterize the extent to which these two preference relations can be uniquely …
Persistent link: https://www.econbiz.de/10011690873
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Attention Competition
Hefti, Andreas - 2012
I present a game-theoretic model where economic competition and attention competition are interdependent. On the one hand the effort to attract consumer attention depends on the value of attention to the firm which depends on the grade of price competition among all perceived firms. On the other...
Persistent link: https://www.econbiz.de/10013111461
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Attention competition
Hefti, Andreas - 2011
Persistent link: https://www.econbiz.de/10009492046
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Attention competition
Hefti, Andreas - 2011
I present a game-theoretic model where economic competition and attention competition are interdependent. On the one hand the effort to attract consumer attention depends on the value of attention to the firm which depends on the grade of price competition among all perceived firms. On the other...
Persistent link: https://www.econbiz.de/10009739425
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Dynamic Pricing of Limited Inventories When Customers Negotiate
Kuo, Chia-Wei; Ahn, Hyun-soo; Aydin, Goker - 2012
, the retailer's bargaining power, and the posted price. We model the retailer's dynamic pricing problem as a dynamic …
Persistent link: https://www.econbiz.de/10014178635
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Attracted But Unsatisfied : The Effects of Arousing Content on Television Consumption Choices
Stanca, Luca; Gui, Marco; Gallucci, Marcello - 2013
This paper investigates experimentally the effects of arousing content on viewing choices and satisfaction in television consumption. We test the hypothesis that the portrayal of arousing content combines high attraction and low satisfaction and is thus responsible for sub-optimal choices. In...
Persistent link: https://www.econbiz.de/10014183555
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Buyer Countervailing Power : A Survey of the Theory and Experimental Evidence
Ruffle, Bradley J. - 2006
The rise of mega-retailers and industry concentration levels has recently generated an interest among economists and antitrust policymakers in the effects of buyer countervailing power. There exists a considerable theoretical literature offering a range of sources of powerful buyers' ability to...
Persistent link: https://www.econbiz.de/10014059029
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Tiers in Consumer Fractional Ownership Markets
Wang, Yu - 2012
In fractional ownership markets, consumers purchase a share in a property and can later exchange it with other owners through a secondary market. Forward-looking consumers may purchase low quality shares at a low price with the intention of trading up. This poses a serious problem. We show that...
Persistent link: https://www.econbiz.de/10013115508
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Price dispersion in dynamic competition
Guthmann, Rafael R. - 2020
In product markets, there exists substantial dispersion in prices for transactions of physically identical goods, and incumbent sellers sell at higher prices than entrants. This study develops a theory of dynamic pricing that explains these facts as results from the same fundamental friction:...
Persistent link: https://www.econbiz.de/10012292094
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Attracted but Unsatisfied : The Effects of Arousing Content on Television Consumption Choices
Stanca, Luca - 2013
This paper investigates experimentally the effects of arousing content on viewing choices and satisfaction in television consumption. We test the hypothesis that the portrayal of arousing content combines high attraction and low satisfaction and is thus responsible for sub-optimal choices. In...
Persistent link: https://www.econbiz.de/10013092888