Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10008858561
Persistent link: https://www.econbiz.de/10010347792
We investigate how different types of social information affect the demand characteristics of firms competing through service quality. We first generate behavioral hypotheses around both consumers' learning behavior and firms' corresponding demand characteristics: market share, demand...
Persistent link: https://www.econbiz.de/10012851935
Persistent link: https://www.econbiz.de/10012550056
Persistent link: https://www.econbiz.de/10011874327
When multiple retailers hold inventory to satisfy random demand, retailer inventory-sharing strategies can potentially reduce the demand-supply mismatch and increase overall supply chain performance. In this paper, we experimentally investigate alternative inventory-sharing strategies in a...
Persistent link: https://www.econbiz.de/10014089795
When bidders incur a cost to learn their valuations, bidder entry can impact auction performance. Two common selling mechanisms in this environment are an English auction, and a sequential bidding process. Bulow and Klemperer (2009) show, theoretically, that sellers should prefer the auction,...
Persistent link: https://www.econbiz.de/10013227614
Game theoretic models require strong informational assumptions that may not hold in operations applications. In such settings, how do uninformed players behave? We take a first step towards addressing this question by conducting a controlled human subject experiment. We focus on a simple...
Persistent link: https://www.econbiz.de/10013227615