Results 271 to 280 of about 256,532 (315)

The study of brand loyalty and switching cost on OTT bundled service choice: Focusing on reference-dependent preferences in the saturated market

Journal of Retailing and Consumer Services
Junghun Kim, Kyungah Kim
exaly   +2 more sources

Reference Dependence in Intertemporal Preference

Management Science, 2023
Dynamic structures in intertemporal choices offer multiple channels through which reference dependence can occur. We examine intertemporal reference dependence when using choice lists to elicit time preference over outcome sequences. Reference point effects can arise endogenously within an outcome sequence and exogenously from the experimental ...
Zhihua Li, Songfa Zhong
openaire   +2 more sources

The World Price of Reference-dependent Preferences

SSRN Electronic Journal, 2021
Tse-Chun Lin, Zhaobo Zhu
openaire   +2 more sources

Final-Offer Arbitration with Reference-Dependent Preferences

Journal of Mathematical Economics
Shunsuke Hanato
openaire   +2 more sources

Team Incentives and Reference-Dependent Preferences [PDF]

SSRN Electronic Journal, 2012
We investigate a multi‐agent moral‐hazard model where agents have expectation‐based reference‐dependent preferences à la Kőszegi and Rabin (2006, 2007). We show that even when each agent's probability of success in a project is independent, a principal may employ team incentives.
Kohei Daido, Takeshi Murooka
openaire   +1 more source

Meaningful Theorems: Nonparametric Analysis of Reference-dependent Preferences

Social Science Research Network, 2023
We derive nonparametric sufficient and asymptotically necessary conditions for the existence of reference-dependent preferences, as in Kőszegi and Rabin’s (2006) structural implementation of Kahneman and Tversky’s (1979) prospect theory, that can ...
Laura Blow, Vincent P. Crawford
semanticscholar   +1 more source

The Real Effects of Reference-dependent Preferences: Evidence from Mergers and Acquisitions

Social Science Research Network, 2023
We investigate whether and how reference-dependent preferences affect acquisitions. We find that managers pursue risky and low-quality acquisitions when investors are in the loss domain.
Tingting Liu, Danni Tu
semanticscholar   +1 more source

A Reference-Dependent-Preferences-Based Model of Extended Warranty Purchase Decisions

Journal of Marketing Research, 2021
Durable goods often come bundled with limited-time and sometimes generous factory/base warranties. Yet, for many durable goods, customers purchase extended warranties against which they rarely make claims.
H. Lee, S. Venkataraman
semanticscholar   +1 more source

Loss Aversion, Reference-Dependent Preferences, and Collective Bargaining Agreements in the National Basketball Association

International Journal of Sport Finance, 2021
The importance of competitive balance in sports leagues provides a negotiation tactic to leagues and owners when negotiating collective bargaining agreements.
Candon Johnson
semanticscholar   +1 more source

Reference-dependent preferences and stock market participation

European Journal of Finance, 2022
Prospect theory was proposed mainly to explain irrational investment behaviour. However, empirical evidence has come mostly from controlled experiments, and evidence from real data is rare.
Yuwei Liu, Jiangyi Li, Guoying Deng
semanticscholar   +1 more source