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Optimal pricing and inventory policies with reference price effect and loss-Averse customers
16 references·16 citing·33 second hopsampled
Optimal pricing and inventory policies with reference price effect and loss-Averse customers (2019)Optimal pricing and inventory policies wi…Wiley encyclopedia of operations research and management science (2011)Wiley encyclopedia of operati…Supermodularity and Complementarity (2011)Supermodularity and Complemen…Mental Accounting and Consumer Choice (2008)Mental Accounting and Consume…Dynamic Pricing and Inventory Control of Substitute Products (2008)Dynamic Pricing and Inventory…Competition and Price Variation when Consumers Are Loss Averse (2008)Competition and Price Variati…Dynamic Pricing Strategies with Reference Effects (2007)Dynamic Pricing Strategies wi…Reference Price Research: Review and Propositions (2005)Reference Price Research: Rev…Revenue Management Under a General Discrete Choice Model of Consumer Behavior (2004)Revenue Management Under a Ge…Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence (2000)Decision Bias in the Newsvend…Combined Pricing and Inventory Control Under Uncertainty (1999)Combined Pricing and Inventor…Asymmetric Reference Price Effects and Dynamic Pricing Policies (1996)Asymmetric Reference Price Ef…Empirical Generalizations from Reference Price Research (1995)Empirical Generalizations fro…Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Loss Aversion in Riskless Cho…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Mental Accounting and Consumer Choice (1985)Mental Accounting and Consume…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …How to leverage blockchain to react to consumer reference effects and develop a distribution strategy in online retailing? (2024)How to leverage blockchain to…Continuous increasing consumer service for multi-item dual-channel retail management (2024)Continuous increasing consume…A vendor-managed inventory model for a three-layer supply chain considering exponential demand, imperfect system, and remanufacturing (2024)A vendor-managed inventory mo…Warranty service contracts design for deteriorating products with maintenance duration commitments (2023)Warranty service contracts de…Joint pricing and inventory control with reference price effects and price thresholds: A deep reinforcement learning approach (2023)Joint pricing and inventory c…Optimizing mixed bundle pricing strategy: Advance selling and consumer regret (2022)Optimizing mixed bundle prici…Optimal pricing of online products based on customer anchoring‐adjustment psychology (2022)Optimal pricing of online pro…Information technology-driven operational decisions in a supply chain with random demand disruption and reference effect (2022)Information technology-driven…Dynamic Pricing in the Presence of Social Externalities and Reference-Price Effect (2022)Dynamic Pricing in the Presen…Analysis of a maritime transport chain with information asymmetry and disruption risk (2022)Analysis of a maritime transp…The joint stochastic lot sizing and pricing problem (2021)The joint stochastic lot sizi…The influence of information asymmetry on the strategic inventory of deteriorating commodity (2021)The influence of information …Quality disclosure in a competitive environment with consumer’s elation and disappointment (2021)Quality disclosure in a compe…Optimal pricing and ordering decisions with reference effect and quick replenishment policy (2021)Optimal pricing and ordering …Vendor Managed Inventory for Multi-Vendor Single-Manufacturer Supply Chain: A Case Study of Instant Noodle Industry (2020)Vendor Managed Inventory for …Brand image among the purchase decision determinants (2020)Brand image among the purchas…A Reference Price Model of Brand Choice for Frequently Purchased Products (1986)A Probabilistic Choice Model for Market Segmentation and Elasticity Structure (1989)Determining Where to Shop: Fixed and Variable Costs of Shopping (1998)The Theoretical Underpinnings of Customer Asset Management: A Framework and Propositions for Future Research (2004)Status quo bias in decision making (1988)Advances in prospect theory: Cumulative representation of uncertainty (1992)A Theory of Fairness, Competition, and Cooperation (1999)Time Discounting and Time Preference: A Critical Review (2002)A Customer Relationship Management Roadmap: What is Known, Potential Pitfalls, and Where to Go (2005)Implementing the Marketing Concept at the Employee-Customer Interface: The Role of Customer Need Knowledge (2009)Literature review as a research methodology: An overview and guidelines (2019)Advances in Consumer Research (2025)Judgment under Uncertainty: Heuristics and Biases (1975)Behavior in operations management: Assessing recent findings and revisiting old assumptions (2006)Behavioral Causes of the Bullwhip Effect and the Observed Value of Inventory Information (2006)Overcoming Algorithm Aversion: People Will Use Imperfect Algorithms If They Can (Even Slightly) Modify Them (2016)The Framing of Decisions and the Psychology of Choice (1981)Are Investors Reluctant to Realize Their Losses? (1998)A perspective on judgment and choice: Mapping bounded rationality. (2003)Risk, Ambiguity, and the Savage Axioms (1961)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Theory of games and economic behavior (2019)Conditional logit analysis of qualitative choice behavior (1972)Optimal Dynamic Pricing of Inventories with Stochastic Demand over Finite Horizons (1994)Revenue Management: Research Overview and Prospects (1999)An overview of research on revenue management: current issues and future research (2006)Intertemporal Pricing with Strategic Customer Behavior (2007)Dynamic Assortment Optimization with a Multinomial Logit Choice Model and Capacity Constraint (2010)Instructional manipulation checks: Detecting satisficing to increase statistical power (2009)Incentives versus Transaction Costs: A Theory of Procurement Contracts (2001)Toward a Comparative Institutional Analysis (2002)Putting Auction Theory to Work (2004)
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References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1991Loss Aversion in Riskless Choice: A Reference-Dependent Model6,428 cited
  • 1985Mental Accounting and Consumer Choice4,875 cited
  • 2008Mental Accounting and Consumer Choice3,415 cited
  • 2011Supermodularity and Complementarity2,138 cited
  • 2004Revenue Management Under a General Discrete Choice Model of Consumer Behavior1,110 cited
  • 2000Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence1,087 cited
  • 2005Reference Price Research: Review and Propositions845 cited
  • 1995Empirical Generalizations from Reference Price Research793 cited
  • 2011Wiley encyclopedia of operations research and management science781 cited
  • 1999Combined Pricing and Inventory Control Under Uncertainty650 cited
  • 2007Dynamic Pricing Strategies with Reference Effects450 cited
  • 2008Competition and Price Variation when Consumers Are Loss Averse314 cited
  • 2008Dynamic Pricing and Inventory Control of Substitute Products310 cited

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1996
Asymmetric Reference Price Effects and Dynamic Pricing Policies
298 cited

Cited by

  • 2022Optimizing mixed bundle pricing strategy: Advance selling and consumer regret52 cited
  • 2021Quality disclosure in a competitive environment with consumer’s elation and disappointment35 cited
  • 2022Information technology-driven operational decisions in a supply chain with random demand disruption and reference effect31 cited
  • 2024A vendor-managed inventory model for a three-layer supply chain considering exponential demand, imperfect system, and remanufacturing26 cited
  • 2024How to leverage blockchain to react to consumer reference effects and develop a distribution strategy in online retailing?25 cited
  • 2022Dynamic Pricing in the Presence of Social Externalities and Reference-Price Effect23 cited
  • 2023Warranty service contracts design for deteriorating products with maintenance duration commitments23 cited
  • 2021The influence of information asymmetry on the strategic inventory of deteriorating commodity22 cited
  • 2022Optimal pricing of online products based on customer anchoring‐adjustment psychology21 cited
  • 2022Analysis of a maritime transport chain with information asymmetry and disruption risk21 cited
  • 2024Continuous increasing consumer service for multi-item dual-channel retail management19 cited
  • 2021The joint stochastic lot sizing and pricing problem18 cited
  • 2021Optimal pricing and ordering decisions with reference effect and quick replenishment policy18 cited
  • 2023Joint pricing and inventory control with reference price effects and price thresholds: A deep reinforcement learning approach17 cited
  • 2020Vendor Managed Inventory for Multi-Vendor Single-Manufacturer Supply Chain: A Case Study of Instant Noodle Industry15 cited
  • 2020Brand image among the purchase decision determinants13 cited