Nasiry, Javad; Popescu, Ioana - In: Management Science 58 (2012) 6, pp. 1160-1177
well as the value of advance selling and booking limit policies for price-setting firms; inaction regret has the opposite … period (owing, e.g., to competition or market heterogeneity). Regret heterogeneity explains premium advance selling for the …We characterize the effect of anticipated regret on consumer decisions and on firm profits and policies in an advance …