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Principal-agent interactions in which the principal signals prosociality may achieve higher levels of trust and reciprocity if both parties care about social esteem. However, it is unclear whether such a separating equilibrium exists when the agent sends the signal first. This is relevant...
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Parochial altruism – individual sacrifice to benefit the in-group and harm an out-group –undermines inter-group cooperation and is implicated in a plethora of politically-significant behaviors. We report experimental evidence about the impact of variation in social distance within the...
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This paper discusses the interaction between revenue management (RM) and customer relationship management (CRM) for a firm that operates in a customer retention situation but faces limited capacity. We present a dynamic programming model for how the firm balances investments in customer...
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