دورية أكاديمية

Experiments on strategic choices and markets.

التفاصيل البيبلوغرافية
العنوان: Experiments on strategic choices and markets.
المؤلفون: Amaldoss, Wilfred, Ho, Teck-Hua, Krishna, Aradhna, Chen, Kay-Yut, Desai, Preyas, Iyer, Ganesh, Jain, Sanjay, Lim, Noah, Morgan, John, Oprea, Ryan, Srivasatava, Joydeep
المصدر: Marketing Letters; Jul2008, Vol. 19 Issue 3/4, p417-429, 13p
مصطلحات موضوعية: MARKETING strategy, MARKETING models, DECISION making, DECISION making in marketing, INDIVIDUALS' preferences, SOCIAL choice, RATIONAL choice theory
مستخلص: Much of experimental research in marketing has focused on individual choices. Yet in many contexts, the outcomes of one’s choices depend on the choices of others. Furthermore, the results obtained in individual decision making context may not be applicable to these strategic choices. In this paper, we discuss three avenues for further advancing our understanding of strategic choices. First, there is a need to develop theories about how people learn to play strategic games. Second, there is an opportunity to enrich standard economic models of strategic behavior by allowing for different types of bounded rationality and by relaxing assumptions about utility formulation. These new models can help us to more accurately predict strategic choices. Finally, future research can improve marketing practice by designing better mechanisms and validating them using experiments. [ABSTRACT FROM AUTHOR]
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قاعدة البيانات: Complementary Index
الوصف
تدمد:09230645
DOI:10.1007/s11002-008-9040-7