Sökning: id:"swepub:oai:hhs.se:1155048160006056" >
Behavioral industri...
Behavioral industrial organization : a survey
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- Khachatryan, Karen (författare)
- Stockholm School of Economics,Handelshögskolan i Stockholm
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(creator_code:org_t)
- 2011
- Engelska.
- Relaterad länk:
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https://research.hhs...
Abstract
Ämnesord
Stäng
- This paper reviews the newly emerging field of Behavioral Industrial Organization, i.e., applications of Behavioral Economics to Industrial Organization settings. We present a few select recent models developed in the Behavioral Economics paradigm and then explore the implications of these models for a monopoly pricing problem. These models generalize consumer preferences and judgments to allow for: (1) preference for instant gratification (quasihyperbolic discounting); (2) overconfidence and biased beliefs; and (3) sensitivity to reference points and loss aversion. The main goal of this selected review is to demonstrate the potential of behavioral approaches in Industrial Organization.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Business Administration (hsv//eng)
Publikations- och innehållstyp
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