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Bayesian Updating of the Price Elasticity of Uncertain Demand
16 references·1 citing·31 second hop
Bayesian Updating of the Price Elasticity of Uncertain Demand (2014)Bayesian Updating of the Price Elasticity…Theory of games and economic behavior (2019)Theory of games and economic …Introduction to quality engineering.... (2014)Introduction to quality engin…Dynamic Pricing for Nonperishable Products with Demand Learning (2009)Dynamic Pricing for Nonperish…Introduction to Quality Engineering (2008)Introduction to Quality Engin…An Approach to Decision-Based Design With Discrete Choice Analysis for Demand Modeling (2003)An Approach to Decision-Based…Competition and Structure in Serial Supply Chains with Deterministic Demand (2001)Competition and Structure in …A Framework for Decision-Based Engineering Design (1998)A Framework for Decision-Base…Trade-off strategies in engineering design (1991)Trade-off strategies in engin…Quality Function Deployment : Integrating Customer Requirements into Product Design (1990)Quality Function Deployment :…Effect of Price on the Demand for Durables: Modeling, Estimation, and Findings (1990)Effect of Price on the Demand…The Relationship Between Diffusion Rates, Experience Curves, and Demand Elasticities for Consumer Durable Technological Innovations (1980)The Relationship Between Diff…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Exceptional Paper—Probability Encoding in Decision Analysis (1975)Exceptional Paper—Probability…Aspects of the Theory of Risk-Bearing. (1966)Aspects of the Theory of Risk…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Theory of Games and Economic Behavior (1946)Theory of Games and Economic …Stackelberg Security Games (SSG) Basics and Application Overview (2017)Stackelberg Security Games (S…Availability: A heuristic for judging frequency and probability (1973)On the psychology of prediction. (1973)Judgment under Uncertainty: Heuristics and Biases (1975)Norm theory: Comparing reality to its alternatives. (1986)Ambiguity and self-evaluation: The role of idiosyncratic trait definitions in self-serving assessments of ability. (1989)Uncertainties in risk analysis: Six levels of treatment (1996)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)On the measurement of inequality (1970)Risk Aversion and Incentive Effects (2002)Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility (1980)Development of prosocial, individualistic, and competitive orientations: Theory and preliminary evidence. (1997)Political Choice in Britain (2004)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Non-cooperative games (1989)Product platform design and customization: Status and promise (2004)A comparative study of uncertainty propagation methods for black-box-type problems (2008)An analytical Kano model for customer need analysis (2008)Defining Quality (1993)Response Surface Methodology: A Retrospective and Literature Survey (2004)Computational methods in optimization considering uncertainties – An overview (2008)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)Customer satisfaction, customer retention, and market share (1993)THE LAST PLANNER SYSTEM OF PRODUCTION CONTROL (2000)Quality function deployment: A literature review (2002)STRATEGIES FOR ROBUST MULTIRESPONSE QUALITY ENGINEERING (1993)A method for constructing supersaturated designs and its Es2 optimality (1997)Decision-making techniques in supplier selection: Recent accomplishments and what lies ahead (2019)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)
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References

  • 2019Theory of games and economic behavior16,630 cited
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  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1946Theory of Games and Economic Behavior3,280 cited
  • 1966Aspects of the Theory of Risk-Bearing.1,888 cited
  • 1990Quality Function Deployment : Integrating Customer Requirements into Product Design1,680 cited
  • 2008Introduction to Quality Engineering1,500 cited
  • 1975Exceptional Paper—Probability Encoding in Decision Analysis663 cited
  • 2014Introduction to quality engineering....641 cited
  • 1998A Framework for Decision-Based Engineering Design630 cited
  • 1980The Relationship Between Diffusion Rates, Experience Curves, and Demand Elasticities for Consumer Durable Technological Innovations425 cited
  • 2009Dynamic Pricing for Nonperishable Products with Demand Learning282 cited
  • 2001Competition and Structure in Serial Supply Chains with Deterministic Demand270 cited
  • 2003An Approach to Decision-Based Design With Discrete Choice Analysis for Demand Modeling251 cited
  • 1990Effect of Price on the Demand for Durables: Modeling, Estimation, and Findings176 cited

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  • 1991Trade-off strategies in engineering design162 cited
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    • 2017Stackelberg Security Games (SSG) Basics and Application Overview42 cited