Pricing and inventory carryover strategy considering cost learning effect and strategic consumers

Author(s):  
Qian Wei ◽  
Jianxiong Zhang ◽  
Guowei Zhu
1968 ◽  
Author(s):  
Persis T. Sturges ◽  
Patricia L. Donaldson ◽  
Emmett G. Anderson

2020 ◽  
Author(s):  
Kate Ergo ◽  
Luna De Vilder ◽  
Esther De Loof ◽  
Tom Verguts

Recent years have witnessed a steady increase in the number of studies investigating the role of reward prediction errors (RPEs) in declarative learning. Specifically, in several experimental paradigms RPEs drive declarative learning; with larger and more positive RPEs enhancing declarative learning. However, it is unknown whether this RPE must derive from the participant’s own response, or whether instead any RPE is sufficient to obtain the learning effect. To test this, we generated RPEs in the same experimental paradigm where we combined an agency and a non-agency condition. We observed no interaction between RPE and agency, suggesting that any RPE (irrespective of its source) can drive declarative learning. This result holds implications for declarative learning theory.


Author(s):  
Aiko Wagner ◽  
Elena Werner

This chapter examines the effect of TV debates on political knowledge conditioned by the media context. We argue that TV debates take place in a wider media context and the extent of citizens’ learning processes about issue positions depends also on the informational context in general. We test four hypotheses: while the first three hypotheses concern the conditional impact of media issue coverage and debate content, the last hypothesis addresses the differences between incumbent and challenger. Using media content analyses and panel survey data, our results confirm the hypotheses that (1) when an issue is addressed in a TV debate, viewers tend to develop a perception of the parties’ positions on this issue, but (2) only if this issue has not been addressed extensively in the media beforehand. This learning effect about parties’ positions is bigger for the opposition party.


2021 ◽  
Vol 49 (2) ◽  
pp. 191-196
Author(s):  
Chen Jin ◽  
Qian Liu ◽  
Chenguang (Allen) Wu

2020 ◽  
Vol 14 (1) ◽  
Author(s):  
Guodaohou Song ◽  
Xiaofang Wang

AbstractProduction cost can be influenced by previous sales in an uncertain way. In reality, production cost may decrease in the number of initial buyers due to the learning effect, or increase in the number of initial buyers due to the quality-improving pressure from negative comments of unhappy users. Taking this uncertainty into account, this paper studies the optimal intertemporal pricing strategies of a firm when selling to strategic customers in two periods where production cost in the second period randomly changes with the number of buyers in the first period. Our results suggest how firms should adjust their optimal pricing strategies under different market circumstances.


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