Showing 1 - 10 of 13
literature does not measure how brand value affects product similarity and consumer choice. This paper examines demand response …
Persistent link: https://www.econbiz.de/10005134477
. The moves of each player are partitioned into similarity classes. A valuation of the player is a real valued function on … the set of her similarity classes. At each node a player chooses a move that belongs to a class with maximum valuation … similarity class is the player expected payoff given that the path (induced by the strategy profile) intersects the similarity …
Persistent link: https://www.econbiz.de/10005550956
Recent surveys in the United States and the Muslim world show widespread misinformation about the events of September 11, 2001. Using data from 9 predominantly Muslim countries, we study how such beliefs depend on exposure to news media and levels of education. Standard economic theory would...
Persistent link: https://www.econbiz.de/10005413251
Is it always wise to disclose good news? When both the sender and the receiver have private information about the sender's quality, we find that the worst sender type with good news has the most incentive to disclose it, so reporting good news can paradoxically make the sender look bad. If the...
Persistent link: https://www.econbiz.de/10005118518
Multi-Agent Based Simulation is a branch of Distributed Artificial Intelligence that builds the base for computer simulations which connect the micro and macro level of social and economic scenarios. This paper presents a new method of modelling the formation and change of patterns of action in...
Persistent link: https://www.econbiz.de/10005076915
The decisions made during the design process have a critical impact both on the design solution obtained but also on the design process itself. It can be observed that while the way in which products are developed differs not only across firms but within the same firm over time, what is being...
Persistent link: https://www.econbiz.de/10005062523
The statistical forecasting efficiency of new crop corn and soybean futures is the topic of frequent academic inquiry. However, few studies address the usefulness of these forecasts to economic agents' decision making. Each year Central Illinois producers are faced with the decision to plant...
Persistent link: https://www.econbiz.de/10005413204
This paper broadly discusses the customer portfolio theories and their implications in reference to marketing and purchasing perspectives. It provides an insight into how marketers interpret and describe companies' actions. The central theme of the paper - the tools that can be used to...
Persistent link: https://www.econbiz.de/10005413281
Those making environmental decisions must not only characterize the present, they must also forecast the future. They must do so for at least two reasons. First, if a no-action alternative is pursued, they must consider whether current trends will be favorable or unfavorable in the future....
Persistent link: https://www.econbiz.de/10005556575
Subjects (n = 1015) working individually in the role of managers were asked to choose between investment opportunities that would either double their investment or cause the loss of half of it. Six administrators ran experiments on 27 occasions in six countries over a five-year period....
Persistent link: https://www.econbiz.de/10005119392