Sunk cost bias and time inconsistency : a strategic analysis of pricing decisions
Year of publication: |
2023
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Authors: | Jain, Sanjay ; Chen, Haipeng |
Published in: |
Management science : journal of the Institute for Operations Research and the Management Sciences. - Hanover, Md. : INFORMS, ISSN 1526-5501, ZDB-ID 2023019-9. - Vol. 69.2023, 4, p. 2383-2400
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Subject: | behavioral economics | game theory | pricing | sunk cost bias | time-inconsistent preferences | Sunk Costs | Sunk costs | Spieltheorie | Game theory | Zeitkonsistenz | Time consistency | Preismanagement | Pricing strategy | Verhaltensökonomik | Behavioral economics | Experiment |
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