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Optimal Referral Bonuses with Asymmetric Information: Firm-Offered and Interpersonal Incentives
16 references·16 citing·44 second hopsampled
Optimal Referral Bonuses with Asymmetric Information: Firm-Offered and Interpersonal Incentives (2009)Optimal Referral Bonuses with Asymmetric …Firm-Created Word-of-Mouth Communication: Evidence from a Field Test (2009)Firm-Created Word-of-Mouth Co…The Firm's Management of Social Interactions (2005)The Firm's Management of Soci…Using Online Conversations to Study Word-of-Mouth Communication (2004)Using Online Conversations to…The effects of incentives, deal proneness, satisfaction and tie strength on word‐of‐mouth behaviour (2002)The effects of incentives, de…Social Distance and Other-Regarding Behavior in Dictator Games (2000)Social Distance and Other-Reg…Social Distance and Other-Regarding Behavior in Dictator Games: Reply (1999)Social Distance and Other-Reg…Purchasing Behavior in Embedded Markets (1990)Purchasing Behavior in Embedd…Social utility and decision making in interpersonal contexts. (1989)Social utility and decision m…Decision Analysis: Practice and Promise (1988)Decision Analysis: Practice a…The Market Maven: A Diffuser of Marketplace Information (1987)The Market Maven: A Diffuser …Price and Advertising Signals of Product Quality (1986)Price and Advertising Signals…Do Higher Prices Signal Higher Quality? (1985)Do Higher Prices Signal Highe…An experimental analysis of ultimatum bargaining (1982)An experimental analysis of u…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Advertising as Information (1974)Advertising as InformationRisk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Social impact models, legitimacy perceptions, and consumer responses to social ventures (2022)Social impact models, legitim…“We Earned the Coupon Together”: The Missing Link of Experience Cocreation in Shared Coupons (2022)“We Earned the Coupon Togethe…The Relationship Between Online Referral Marketing and Price Promotion: Evidence from a Large E-Commerce Platform (2021)The Relationship Between Onli…Referral Reward Size and New Customer Profitability (2020)Referral Reward Size and New …Successful referral behavior in referral reward programs (2018)Successful referral behavior …How Customer Referral Programs Turn Social Capital into Economic Capital (2017)How Customer Referral Program…Leveraging Experienced Consumers to Attract New Consumers: An Equilibrium Analysis of Displaying Deal Sales by Daily Deal Websites (2016)Leveraging Experienced Consum…Spillover Effects in Seeded Word-of-Mouth Marketing Campaigns (2015)Spillover Effects in Seeded W…Turning dissatisfied into satisfied customers: How referral reward programs affect the referrer׳s attitude and loyalty toward the recommended service provider (2014)Turning dissatisfied into sat…When giving money does not work: The differential effects of monetary versus in-kind rewards in referral reward programs (2013)When giving money does not wo…Receiver responses to rewarded referrals: the motive inferences framework (2013)Receiver responses to rewarde…Journal of the Academy of Marketing Science (2013)Journal of the Academy of Mar…Growing Existing Customers’ Revenue Streams through Customer Referral Programs (2013)Growing Existing Customers’ R…The Role of Metaperception on the Effectiveness of Referral Reward Programs (2012)The Role of Metaperception on…Decomposing the Value of Word-of-Mouth Seeding Programs: Acceleration versus Expansion (2012)Decomposing the Value of Word…Optimizing referral reward programs under impression management considerations (2011)Optimizing referral reward pr…Altruism in Anonymous Dictator Games (1996)Collective Action and the Evolution of Social Norms (2000)Social Pressure and Voter Turnout: Evidence from a Large-Scale Field Experiment (2008)A Literature Review of Empirical Studies of Philanthropy (2010)Information and Consumer Behavior (1970)Job Market Signaling (1973)Consumer Perceptions of Price, Quality, and Value: A Means-End Model and Synthesis of Evidence (1988)WHAT'S IN A NAME? REPUTATION BUILDING AND CORPORATE STRATEGY. (1990)Corporate social responsibility and access to finance (2013)Games with Incomplete Information Played by “Bayesian” Players, I–III Part I. The Basic Model (1967)Reexamination of the perfectness concept for equilibrium points in extensive games (1975)A Theory of Fairness, Competition, and Cooperation (1999)ERC: A Theory of Equity, Reciprocity, and Competition (2000)Games with Incomplete Information Played by “Bayesian” Players, I–III: Part I. The Basic Model (2004)Gender Differences in Preferences (2009)Crime and Punishment: An Economic Approach (1968)A Conceptual Model of Service Quality and Its Implications for Future Research (1985)Corporate Social Responsibility: A Theory of the Firm Perspective (2001)A Theory of Social Comparison Processes (1954)The Psychology of Interpersonal Relations. (1958)Prospect theory: An analysis of decision under risk (1988)Explaining Bargaining Impasse: The Role of Self-Serving Biases (1997)The Drama of the Commons (2002)Why Social Preferences Matter – the Impact of non‐Selfish Motives on Competition, Cooperation and Incentives (2002)The Strength of Weak Ties (1973)Biases in Dynamic Models with Fixed Effects (1981)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Effects of Word-of-Mouth versus Traditional Marketing: Findings from an Internet Social Networking Site (2009)Impact of Online Consumer Reviews on Sales: The Moderating Role of Product and Consumer Characteristics (2010)Popularity of Brand Posts on Brand Fan Pages: An Investigation of the Effects of Social Media Marketing (2012)The People's Choice (1945)Role of Product-Related Conversations in the Diffusion of a New Product (1967)Mail and Telephone Surveys: The Total Design Method. (1982)Viral Marketing or Electronic Word-of-Mouth Advertising: Examining Consumer Responses and Motivations to Pass Along Email (2004)Networked Narratives: Understanding Word-of-Mouth Marketing in Online Communities (2010)Toward a theory of customer engagement marketing (2016)Foundations of social theory (1990)Cognitive Adaptations for Social Exchange (1992)The Adapted mind : evolutionary psychology and the generation of culture (1992)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)On the measurement of inequality (1970)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

  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1982An experimental analysis of ultimatum bargaining4,830 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1974Advertising as Information3,430 cited
  • 2004Using Online Conversations to Study Word-of-Mouth Communication2,600 cited
  • 1986Price and Advertising Signals of Product Quality2,284 cited
  • 1987The Market Maven: A Diffuser of Marketplace Information1,322 cited
  • 1999Social Distance and Other-Regarding Behavior in Dictator Games: Reply1,158 cited
  • 1989Social utility and decision making in interpersonal contexts.1,121 cited
  • 2000Social Distance and Other-Regarding Behavior in Dictator Games979 cited
  • 2009Firm-Created Word-of-Mouth Communication: Evidence from a Field Test836 cited
  • 1988Decision Analysis: Practice and Promise770 cited
  • 2005The Firm's Management of Social Interactions581 cited
  • 1985Do Higher Prices Signal Higher Quality?483 cited
  • 1990Purchasing Behavior in Embedded Markets394 cited
  • 2002The effects of incentives, deal proneness, satisfaction and tie strength on word‐of‐mouth behaviour

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  • 2013Journal of the Academy of Marketing Science515 cited
  • 2012Decomposing the Value of Word-of-Mouth Seeding Programs: Acceleration versus Expansion280 cited
  • 2013Growing Existing Customers’ Revenue Streams through Customer Referral Programs171 cited
  • 2013Receiver responses to rewarded referrals: the motive inferences framework161 cited
  • 2015Spillover Effects in Seeded Word-of-Mouth Marketing Campaigns135 cited
  • 2013When giving money does not work: The differential effects of monetary versus in-kind rewards in referral reward programs123 cited
  • 2012The Role of Metaperception on the Effectiveness of Referral Reward Programs119 cited
  • 2017How Customer Referral Programs Turn Social Capital into Economic Capital110 cited
  • 2016Leveraging Experienced Consumers to Attract New Consumers: An Equilibrium Analysis of Displaying Deal Sales by Daily Deal Websites68 cited
  • 2011Optimizing referral reward programs under impression management considerations59 cited
  • 2020Referral Reward Size and New Customer Profitability52 cited
  • 2018Successful referral behavior in referral reward programs39 cited
  • 2021The Relationship Between Online Referral Marketing and Price Promotion: Evidence from a Large E-Commerce Platform36 cited
  • 2014Turning dissatisfied into satisfied customers: How referral reward programs affect the referrer׳s attitude and loyalty toward the recommended service provider32 cited
  • 2022Social impact models, legitimacy perceptions, and consumer responses to social ventures31 cited
  • 2022“We Earned the Coupon Together”: The Missing Link of Experience Cocreation in Shared Coupons28 cited