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We investigate the impact of strategic consumer behavior on retailers' dynamic pricing decisions. We present a stylized two-period model, and test the equilibrium predictions in a set of behavioral experiments in which human subjects played the role of pricing managers. Our main insight is that...
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private information in the form of cookies to an online seller. By incorporating this endogenous decision into a duopoly model …
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-as-information theory, more positively valenced feelings, even when evoked by an unrelated stimulus, should lead to a higher willingness to … the feelings-as-information theory. Surprisingly, less positively valenced feelings under low arousal levels also lead to … regulation theory, which assumes that individuals try to protect their feelings in positive affective states, and take actions in …
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Traditional theory suggests consumers should be able to manage their privacy. Yet, empirical and theoretical research …
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We report on an experiment that tests for the effects of democratic versus hierarchical rules for joint decision making … decision, which we call the attention responsibility effect …
Persistent link: https://www.econbiz.de/10013019236
Online platforms provide search tools that help consumers to get betterfitting product offers. But this technology makes consumer search behavior also easily traceable for the platform and allows for real-time price discrimination. Consumers face a trade-off: Search intensely and receive better...
Persistent link: https://www.econbiz.de/10011737481