In this paper we explore the underlying consumer heterogeneity in competitive markets for subscription-based IT services that exhibit network effects. Insights into consumer heterogeneity with respect to a given service are paramount in forecasting future subscriptions, understanding the impact...

This research demonstrates that decision makers’ time perspective — a cognitive, temporal bias that leads people to overemphasize the past, present, or future in their decision making — systematically influences self-reported behavioral intentions and thus intention-behavior consistency...

Across four studies, including one involving an actual monetary decision, the authors demonstrate that forming a product consideration set by excluding versus including alternatives induces consumers to place more weight on ethical attributes, such as company labor practices and animal testing....

Companies are increasingly adopting Artificial Intelligence (AI) today. Recently however debates started over the risk of human cognitive biases being replicated (and scaled) by AI. Research on biases in AI predicting consumer choice is incipient and focuses on observable biases. We provide a...

We introduce a new class of preferences — which we call additive-belief-based (ABB) —that captures a general and yet tractable approach to belief-based utility, and that encompasses many popular models in the behavioral literature. We show that the general class of ABB preferences and two...

This research paper titled ‘Consumer Demographics and Environmental Responsibility: An empirical investigation of the consumers' of Tripura, a state in North-East India' aims to explore the environmental responsibility of the consumers of Tripura and its significance with various demographic...

We consider a single server queueing system where a finite number of customers arrive over time to receive service. Arrivals are driven by appointments, with a scheduled appointment time associated with each customer. However, customers are not necessarily punctual and may arrive either earlier...

Impulsivity and loss of self-control in drug-dependent patients have been associated with the manner in which they discount delayed rewards. Although drugs of abuse have been shown to modify perceived time duration, little is known regarding the relationship between impulsive decision-making in...

This paper studies the situation in which consumers are heterogeneously boundedly rational and characterizes the optimal contract for a profit-maximizing monopolist. The bounded rationality considered here is due to context-effects bias. This is a type of cognitive limitation that prevents...

In this present-day nation, for most people shopping has become a day-to-day practice. This has lessened the time for shopping because of the busy lifestyle that was adopted. Our mobile application is developed using android as well as a server-side module which acts as the core database server...