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Essays on Marketing Strategies with Endogenous Reference-Dependent Preferences

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서명/저자사항Essays on Marketing Strategies with Endogenous Reference-Dependent Preferences.
개인저자Xiao, Zuhui.
단체저자명University of Minnesota. Business Administration.
발행사항[S.l.]: University of Minnesota., 2018.
발행사항Ann Arbor: ProQuest Dissertations & Theses, 2018.
형태사항153 p.
기본자료 저록Dissertation Abstracts International 80-01A(E).
Dissertation Abstract International
ISBN9780438351523
학위논문주기Thesis (Ph.D.)--University of Minnesota, 2018.
일반주기 Source: Dissertation Abstracts International, Volume: 80-01(E), Section: A.
Adviser: George John.
요약Essay 1: Class Pricing with Reference-Dependent Consumers: Essay 1 investigates the origin of class prices, a widespread practice in which a large set of goods or services (SKUs) are first divided into a smaller number of classes and then a sin
요약I propose an explanation that stimulates consumers' reference-dependent preferences. Consider a firm that offers multiple SKUs with different attributes to heterogeneous consumers who are ex-ante uncertain about their taste, which is resolved ju
요약My results show that firms do not set a different price for each product, even when their costs or demands are different across the products. In contrast, firms robustly use class prices as optimal prices to engage consumers in different setting
요약Essay 2: Opportunism and Trust in Inter-Organizational Ties: A Reference-Dependent Approach: Essay 2 investigates the origin of trust in a buyer--seller setting. Trust and trustworthiness imply some shared expectations of the trustee's appropria
요약I model a private, one-shot dyadic exchange where both the trustor and the trustee have reference-dependent preferences in the sense of Koszegi and Rabin's (2007) framework. I analyze social norms as shared belief distributions of appropriate pa
요약My results emphasize that equilibrium trust and opportunistic betrayal rise and fall in tandem, with high levels of trust inviting more betrayal and vice versa. These behaviors are not mirror opposites
요약This reference-dependence approach of modeling trust closes several gaps in extant trust literature: (1) this theory of trust meets the endogeneity challenges surrounding trustworthiness beliefs vis-a-vis trust acts
일반주제명Marketing.
Economic theory.
Management.
언어영어
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