The impact of quantity commitment with disappointment-averse and elation-seeking consumers

DOI10.1016/j.physa.2021.126362OpenAlexW3197072653MaRDI QIDQ2667676

Chunguang Bai, Zhenzhong Guan, Dayong Dong, Hua Wang

Publication date: 1 March 2022

Published in: Physica A (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.physa.2021.126362

zbMATH Keywords

disappointment aversionrational expectations equilibriumelation seekingstrategic consumer behaviorquantity commitment

Mathematics Subject Classification ID

Statistical mechanics, structure of matter (82-XX)

Cites Work

• Disappointment without prior expectation: a unifying perspective on decision under risk
• Recent research developments of strategic consumer behavior in operations management
• Inventory and pricing decisions when dealing with strategic consumers: a comprehensive analysis
• The Value of Fast Fashion: Quick Response, Enhanced Design, and Strategic Consumer Behavior
• Strategic Customer Behavior, Commitment, and Supply Chain Performance
• Optimal Price Skimming by a Monopolist Facing Rational Consumers
• Disappointment in Decision Making Under Uncertainty
• Disappointment and Dynamic Consistency in Choice under Uncertainty
• A Theory of Disappointment Aversion
• Generalized disappointment models
• Pricing and inventory strategies under quick response with strategic and myopic consumers

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