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Behavioral Aspects of Price Setting, and Their Policy Implications
Inflation and Deflation Price Policy Laws and Statutes Consumer Behavior Emotions
2015/4/22
This paper starts by discussing consumers' cognitive and emotional reaction to posted prices. Cognitively, some consumers do not appear to make effective use of price information to maximize their con...
Th Effct of Price Postponement on the Coordination of a Two Stage Supply Chain Facing Consumer Returns
Price Postponement on the Coordination a Two Stage Supply Chain Facing Consumer Returns
2014/10/22
In this thesis, we analyze the effect that price p ostp onement has on the p erformance and co ordination of a two-stage supply chain facing consumer returns. In an extended news-vendor setting with a...
The Price of Dynamic Inconsistency for Distortion Risk Measures
The Price of Dynamic Inconsistency Distortion Risk Measures potentially inconsistent behavior.
2011/7/4
A proper framework for measuring and mitigating risk in dynamic settings is of utmost importance,
on both a practical, as well as a theoretical level. In recent years, coherent risk measures have eme...