Results 11 to 20 of about 360,277 (348)

Green Supply Chain Management with Nash Bargaining Loss-Averse Reference Dependence

open access: yesMathematics, 2021
This paper investigates a two-echelon green supply chain (GSC) with a single loss-averse manufacturer and a single loss-averse retailer. Since the Nash bargaining solution exactly characterizes endogenous power and the contribution of the GSC members, it
Wentao Yi   +3 more
doaj   +1 more source

Reference Dependence and Market Participation [PDF]

open access: yesSSRN Electronic Journal, 2017
This paper finds optimal portfolios for the reference-dependent preferences by Kőszegi and Rabin with piecewise linear gain–loss utility in a one-period model with a safe and a risky asset. If the return of the risky asset is highly dispersed relative to its potential gains, two personal equilibria arise, one of them including risky investments and ...
Paolo Guasoni, Andrea Meireles-Rodrigues
openaire   +2 more sources

Initial person reference in Providence Island Sign Language

open access: yesGlossa, 2021
When referring to non-present entities, speakers and signers can select from a range of different strategies to create expressions that range from extremely concise to highly elaborate.
Kate Mesh   +2 more
doaj   +2 more sources

A Model of Reference-Dependent Preferences* [PDF]

open access: yesQuarterly Journal of Economics, 2006
We develop a model of reference-dependent preferences and loss aversion where “gain‐loss utility” is derived from standard “consumption utility” and the reference point is determined endogenously by the economic environment. We assume that a person’s reference point is her rational expectations held in the recent past about outcomes, which are ...
Koszegi, Botond, Rabin, Matthew
openaire   +5 more sources

Reference Dependence and Labor Market Fluctuations [PDF]

open access: yesNBER Macroeconomics Annual, 2014
We incorporate reference-dependent worker behavior into a search-matching model of the labor market, in which fi rms have all the bargaining power and productivity follows a log-linear AR(1) process. Motivated by Akerlof (1982) and Bewley (1999), we assume that existing workers’ output falls stochastically from its normal level when their wage falls ...
Eliaz, Kfir, Spiegler, Ran
openaire   +3 more sources

Pressure dependence of reference deep‐ocean thermometers

open access: yesMeteorological Applications, 2020
In this work, the pressure dependence of the temperature readings of reference deep‐ocean thermometers (i.e. SBE 35, Sea‐Bird Electronics) was investigated in a thermostatically controlled and pressurized environment.
Wukchul Joung   +2 more
doaj   +1 more source

A reference-dependent representation with subjective tastes [PDF]

open access: yesJournal of Mathematical Economics, 2011
The paper investigates individual choice with the account of context effects which bias the choice. The presence of an inferior option in a choosing menu increases the attractiveness of the better options of the menu and thus disturbs the normative ranking. A concern for the menu flexibility, which increases the inclination of a decision maker, is also
unknown ( host institution )   +1 more
openaire   +3 more sources

The Neurobiology of Reference-Dependent Value Computation [PDF]

open access: yesThe Journal of Neuroscience, 2009
A key focus of current research in neuroeconomics concerns how the human brain computes value. Although, value has generally been viewed as an absolute measure (e.g., expected value, reward magnitude), much evidence suggests that value is more often computed with respect to a changing reference point, rather than in isolation.
De Martino, Benedetto   +3 more
openaire   +5 more sources

Price expectations and reference-dependent preferences

open access: yesJournal of Economic Behavior & Organization, 2022
We experimentally test Kőszegi and Rabin's (2006, 2007) theory of reference-dependent preferences in the context of price expectations. In an incentivised valuation task, participants are endowed with a mug and provide their willingness to accept (WTA) to sell it.
Robert M. Rutledge   +2 more
openaire   +2 more sources

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