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Category management and coordination in retail assortment planning in the presence of basket shopping consumers
Cachon, Gérard P. (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003771598
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The choice of prices vs. quantities under uncertainty
Reisinger, Markus; Reßner, Ludwig - 2007
This paper analyzes a duopoly model with stochastic demand in which firms first choose their strategy variable and compete afterwards. Contrary to the existing literature, we show that firms do not always choose a quantity which is the variable that induces a smaller degree of competition. The...
Persistent link: https://www.econbiz.de/10003470531
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Dynamic trading : price inertia and front-running
Sannikov, Yuliy; Skrzypacz, Andrzej - 2016
. Agents receive private taste/inventory shocks and trade continuously. Agents differ in their need for trade as well as the … cost to hold excessive inventory. In equilibrium, trade is gradual. Trading speed depends on the number and market power of … participants, and trade among large market participants is slower than that among small ones. Price has momentum due to the actions …
Persistent link: https://www.econbiz.de/10011865023
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Will banks promote trade? : equilibrium selection for the trust game with banks
Güth, Werner; Ockenfels, Peter - 1998 - Rev.
The Trust Game describes a situation where mutually beneficial trade is endangered by opportunistic exploitation. In … competing outcomes should be expected, i.e. whether or not banks can indeed promote trade. …
Persistent link: https://www.econbiz.de/10009578562
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Product development capability and marketing strategy for new durable products
Banerjee, Sumitro; Soberman, David A. - 2013
Our objective is to understand how a firm’s product development capability (PDC) affects the launch strategy for a durable product that is sequentially improved over time in a market where consumers have heterogeneous valuations for quality. We show that the launch strategy of firms is...
Persistent link: https://www.econbiz.de/10009742053
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Entry or exit? : the effect of voluntary participation on cooperation
Nosenzo, Daniele; Tufano, Fabio - 2015
We study the effects of voluntary participation on cooperation in collective action problems. Voluntary participation may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an exit mechanism, whereby the opportunity to leave the...
Persistent link: https://www.econbiz.de/10011434271
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Coevolution of cooperation, preferences, and cooperative signals in social dilemmas
Müller, Stephan; Wangenheim, Georg von - 2016
We study the coevolution of cooperation, preferences and cooperative signals in an environment where individuals engage in a signaling-extended prisoner's dilemma. We identify a new type of evolutionary equilibrium - a transitional equilibrium - which is constituted and stabilized by the dynamic...
Persistent link: https://www.econbiz.de/10011526375
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The evolution of strong reciprocity
Bowles, Samuel; Gintis, Herbert - 2000
A number of outstanding puzzles in economics may be resolved by recognizing that where members of a group benefit from mutual adherence to a social norm, agents may obey the norm and punish its violators, even when this behavior cannot be motivated by self-regarding, outcome-oriented...
Persistent link: https://www.econbiz.de/10011526957
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The importance of emotions for the effectiveness of social punishment
Hopfensitz, Astrid; Reuben, Ernesto - 2006
This paper experimentally explores how the enforcement of cooperative behavior in a social dilemma is facilitated through institutional as well as emotional mechanisms. Recent studies emphasize the importance of negatively valued emotions, such as anger, which motivate individuals to punish free...
Persistent link: https://www.econbiz.de/10011346451