Customized dynamic pricing when customers develop a habit or satiation

W Chen, Y He, S Bansal - Operations Research, 2023 - pubsonline.informs.org
We study a dynamic pricing problem in which a firm chooses prices over multiple periods
when consumers are state dependent; that is, they develop a habit or satiation from their …

Influence of satiation on consumer behavior in hospitality

I Becerril‐Castrillejo… - Psychology & …, 2022 - Wiley Online Library
This study aims to contrast the nonlinear moderating effect of satiation—an emotional
variable with proven influence over different consumer behaviors—on consumers' …

The Price of Fairness of Scheduling a Scarce Resource

S Vardi, W Haskell - Operations Research, 2024 - pubsonline.informs.org
Scarce resources are often shared between different stakeholders and need to be
scheduled fairly among them. In this paper, we study the utility loss resulting from requiring …

[PDF][PDF] Intertemporal spillovers in consumer experiences: Empirical evidence and service design implications

A Deshmane, V Martinez-de-Albeniz, G Roels - 2023 - blog.iese.edu
In consumer experiences, the consumption of activities may impact the evaluation of future
ones, either positively (due to assimilation) or negatively (due to contrast). How salient are …

Group Risky Choice and Resource Allocation Under Social Comparison Effects

X Chen, Y Dong, Y He - Group Decision and Negotiation, 2024 - Springer
In a decision-making problem where a group must select an action from risky lotteries to
receive a payoff that needs to be distributed among the group members, the group's external …

Optimal discounting

J Noor, N Takeoka - Econometrica, 2022 - Wiley Online Library
The agent is modeled as a current self that optimally incurs a cognitive cost of empathizing
with future selves. The model unifies well‐known experimental and empirical findings in …

The legacy of Peter Fishburn: Foundational work and lasting impact

AC Hupman, J Simon - Decision Analysis, 2023 - pubsonline.informs.org
Peter Fishburn has had a tremendous impact on the field of decision analysis, developing
ideas that would come to be foundational across decision analysis and that would impact …

[PDF][PDF] Present-Bias and the Value of Sophistication

S Acharya, DJ Gomez, D Rachinskii… - Present-Bias and the …, 2022 - efmaefm.org
This paper develops a dynamic wealth management model for risk-averse investors
displaying present-bias in the form of hyperbolic discounting. The investor chooses an …

Present-Bias and the Value of Sophistication

A Rivera, D Jimenez-Gomez, S Acharya… - Available at SSRN …, 2023 - papers.ssrn.com
This paper develops a dynamic wealth management model for risk-averse investors
displaying present-bias in the form of hyperbolic discounting. The investor chooses an …

Optimal Design and Pricing of Sequenced Bundles in the Presence of Satiation

R Gürlek, M Baucells, N Osadchiy - Available at SSRN 4648305, 2023 - papers.ssrn.com
Problem definition: Sequencing of consumption has significant implications for enjoyment of
experiential goods and derived ex-post utility due to psychological and physiological effects …