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Persistent link: https://www.econbiz.de/10011411920
We investigate the impact of behavioral ordering on profits under competition. Specifically, we use controlled laboratory experiments to evaluate the differences in profits between a behavioral competitor (where a human places orders), and a management science-driven competitor (where orders are...
Persistent link: https://www.econbiz.de/10012904634
We investigate the impact of strategic consumer behavior on retailers' dynamic pricing decisions. We present a stylized two-period model, and test the equilibrium predictions in a set of behavioral experiments in which human subjects played the role of pricing managers. Our main insight is that...
Persistent link: https://www.econbiz.de/10013035603
Persistent link: https://www.econbiz.de/10011649146