Newsvendor Selling to Loss-Averse Consumers with Stochastic Reference Points
作者： Opher Baron , Ming Hu , Sami Najafi Asadolahi , Qu Qian
DOI: 10.2139/SSRN.2329242
关键词: Clearing 、 Extended newsvendor model 、 Valuation (finance) 、 Profit (economics) 、 Newsvendor model 、 Loss aversion 、 Microeconomics 、 Stationary distribution 、 Economics 、 Procurement
摘要: … By Proposition 3, less availability reduces consumers’ willingness to pay at the full price, and then the firm compensates for this reduction by reducing the optimal full price. Another …
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