Asymmetric Consumer Learning and Inventory Competition
نویسندگان
چکیده
منابع مشابه
Asymmetric Consumer Learning and Inventory Competition
We develop a model of consumer learning and choice behavior in response to uncertain service at the marketplace. Learning could be asymmetric, i.e., consumers may associate different weights with positive and negative experiences. Under this consumer model, we characterize the steady-state distribution of demand for retailers given that each retailer holds constant in-stock service level. We th...
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ژورنال
عنوان ژورنال: Management Science
سال: 2007
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.1060.0615