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We investigate how different types of social information affect the demand characteristics of firms competing through service quality. We first generate behavioral hypotheses around both consumers' learning behavior and firms' corresponding demand characteristics: market share, demand...
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When multiple retailers hold inventory to satisfy random demand, retailer inventory-sharing strategies can potentially reduce the demand-supply mismatch and increase overall supply chain performance. In this paper, we experimentally investigate alternative inventory-sharing strategies in a...
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When bidders incur a cost to learn their valuations, bidder entry can impact auction performance. Two common selling mechanisms in this environment are an English auction, and a sequential bidding process. Bulow and Klemperer (2009) show, theoretically, that sellers should prefer the auction,...
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