This paper applies recent advances in the theory of learning to the analysis of consumer behaviour in a dynamic duopoly. Nash equilibrium play is characterised when consumers learn adaptively about the relative quality of the two products. A constrast is made between belief-based and...

With the advent of big data, unique opportunities arise for data collection and analysis and thus for personalized pricing. We simulate a self-learning algorithm setting personalized prices based on additional information about consumer sensitivities in order to analyze market outcomes for...

This study aims to investigate the role of a recommendation system (RS) in personalizing the guest journey in the hospitality industry and its impact on decision making, particularly the exposure effect. The study has two main objectives: (a) to quantify the additional value of using a RS based...

IES 3 Professional Skills, issued by the International Federation of Accountants in 2003, lists five essential skills that professional accountants need to acquire: intellectual, technical and functional, personal, interpersonal and communication, and organisational and business management...

One of the aims of the paper is to stress out the imperative of training military language learners as people meant to become intercultural ‘speakers' as well as ‘mediators’ in order to be successful not only in communicating information in foreign languages, but also in developing a human...

Awareness with respect to others is strictly related to the type of interpersonal relations which persons maintain within a given culture. However, this awareness can also show certain deficiencies in modern societies (Augé, 1994). In this case, the school may have a role to play with respect...

This article examines the cooperative learning technique of Structured Problem-Solving that induces students to work together to understand cost-calculations in microeconomics. Cooperative learning methods can help students better extract and interpret knowledge about economic issues and then...