Similar Search Results

On learning and information in markets and organizations

Krähmer, Daniel - 2003

Persistent link: https://www.econbiz.de/10001766574

Quality and pricing decisions in a market with consumer information sharing

Jiang, Baojun; Yang, Bicheng - In: Management science : journal of the Institute for … 65 (2019) 1, pp. 272-285

Persistent link: https://www.econbiz.de/10011991407

Time consistent matrimony with endogenous trust

Dufwenberg, Martin - 1996

A simple model of marriage and divorce predicts that no marriages occur. Yet, in real life, people marry all the time in seemingly similar situations. This discordance is explained using psychological game theory. An emotional guilt effect is explicitly modeled and multiple belief-dependent...

Persistent link: https://www.econbiz.de/10011586899

The Importance of Emotions for the Effectiveness of Social Punishment

Hopfensitz, Astrid; Reuben, Ernesto - 2005

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 riders. However, these types of emotions also trigger retaliatory … anger, ‘social’ emotions like shame and guilt need to be present for punishment to be an effective deterrent of …

Persistent link: https://www.econbiz.de/10010325579

Vertical product differentiation when quality is unobservable to buyers : presented at CESifo Area Conference on Industrial Organisation, March 2003

Orosel, Gerhard O.; Zauner, Klaus G. - 2004

We analyze vertical product differentiation in a model where a good's quality is unobservable to buyers before purchase, a continuum of quality levels is technologically feasible, and minimum quality is supplied under competitive conditions. After purchase the true quality of the good is...

Persistent link: https://www.econbiz.de/10011450700