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Pricing when customers have limited attention
Boyacı, Tamer; Akçay, Yalçın - 2016
We study the optimal pricing problem of a firm facing customers with limited attention and capability to process … firm's price optimization problem and characterize the pricing and revenue implications of customer's limited attention. We … heterogeneity, and study extensions such as multiple products, competition, and joint inventory and pricing decisions. We also show …
Persistent link: https://www.econbiz.de/10011436114
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Pricing when customers have limited attention
Boyacı, Tamer; Akçay, Yalçın - 2017 - Revised version
We study the optimal pricing problem of a firm facing customers with limited attention and capability to process … firm's price optimization problem and characterize the pricing and revenue implications of customer's limited attention. We … heterogeneity, and study extensions such as multiple products, competition, and joint inventory and pricing decisions. We also show …
Persistent link: https://www.econbiz.de/10011586627
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Pricing when customers have limited attention
Boyacı, Tamer; Akçay, Yalçın - In: Management science : journal of the Institute for … 64 (2018) 7, pp. 2995-3014
Persistent link: https://www.econbiz.de/10011899700
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Pricing when customers have limited attention
Boyacı, Tamer; Akçay, Yalçın - 2016
We study the optimal pricing problem of a firm facing customers with limited attention and capability to process … firm's price optimization problem and characterize the pricing and revenue implications of customer's limited attention. We … heterogeneity, and study extensions such as multiple products, competition, and joint inventory and pricing decisions. We also show …
Persistent link: https://www.econbiz.de/10011438630
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Consumer choice under limited attention when options have different information costs
Hüttner, Frank; Boyacı, Tamer; Akçay, Yalçın - 2016
Consumers often do not have complete information about the choices they face and therefore have to spend time and effort in acquiring information. Since information acquisition is costly, consumers have to trade-off the value of better information against its cost, and make their final choices...
Persistent link: https://www.econbiz.de/10011523814
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Consumer choice under limited attention when options have different information costs
Hüttner, Frank; Boyacı, Tamer; Akçay, Yalçın - 2016 - Revised version
Consumers often do not have complete information about the choices they face and therefore have to spend time and effort in acquiring information. Since information acquisition is costly, consumers have to trade-off the value of better information against its cost, and make their final choices...
Persistent link: https://www.econbiz.de/10011547820
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Rational inattention via ignorance equivalence
Müller-Itten, Michèle; Armenter, Roc; Stangebye, … - 2021
Persistent link: https://www.econbiz.de/10012651412
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Geometric methods for finite rational inattention
Müller-Itten, Michèle; Armenter, Roc; Stangebye, … - 2021
Persistent link: https://www.econbiz.de/10012651413
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Choosing what to pay attention to
Fulton, Chad - In: Theoretical economics : TE ; an open access journal in … 17 (2022) 1, pp. 153-184
the pricing problem of a monopolist who sells in multiple markets and the portfolio problem of an investor who can invest … under which the multimarket monopolist would optimally choose a uniform pricing strategy, and we show how optimal …
Persistent link: https://www.econbiz.de/10012806924
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Rational inattention via ignorance equivalence
Armenter, Roc; Müller-Itten, Michèle; Stangebye, … - 2020
Persistent link: https://www.econbiz.de/10012372891