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The prime objective of our study is to assess whether consumer segments based on relational aspects, service aspects, or price aspects have different preferences concerning these three key decision making variables when buying a car. In addition, we assessed consumer segments resulting from...
Persistent link: https://www.econbiz.de/10005304959
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Despite the extant literature on customer loyalty, it is recognized that the psychological processes behind commitment and customer loyalty are still ill understood. Therefore, the primary objective of this study is to assess the impact of three psychological antecedents (position involvement,...
Persistent link: https://www.econbiz.de/10011202033
This study is a critical reassessment and extension of De Wulf, Odekerken-Schröder, and Iacobucci’s (2001) framework investigating retail investments in consumer relationships. Their initial model relates four types of relationship marketing efforts to perceived relationship investment, in...
Persistent link: https://www.econbiz.de/10011202113
Decision-making effectiveness has been associated with how well managers adapt their cognitive style to task requirements. In this paper, theories regarding decision-making under uncertainty and the use of judgment and intuition are reviewed and integrated. Cognitive Continuum Theory (CCT),...
Persistent link: https://www.econbiz.de/10005304957
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In a single framework, I address the question of the informational basis for evaluating social states. I particularly focus on information about individual welfare, individual preferences and individual (moral) judgments, but the model is also open to any other informational input deemed...
Persistent link: https://www.econbiz.de/10011146925
Noting that a full characterization of Nash-implementation is given using a canonical-mechanism and Maskin''s theorem (Maskin, 1999) is shown using a mechanism with Saijo''s type of strategy space reduction (Saijo, 1988), this paper fully characterizes the class of Nash-implementable social...
Persistent link: https://www.econbiz.de/10011146926
In the theory of judgment aggregation, it is known for which agendas of propositions it is possible to aggregate individual judgments into collective ones in accordance with the Arrow-inspired requirements of universal domain, collective rationality, unanimity preservation, non-dictatorship and...
Persistent link: https://www.econbiz.de/10011146927
Robinson (1951) showed that the learning process of Discrete Fictitious Play converges from any initial condition to the set of Nash equilibria in two-player zero-sum games. In several earlier works, Brown (1949, 1951) makes some heuristic arguments for a similar convergence result for the case...
Persistent link: https://www.econbiz.de/10011146928