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Behavioral models of managerial decision-making

Publication ,  Journal Article
Goldfarb, A; Ho, TH; Amaldoss, W; Brown, AL; Chen, Y; Cui, TH; Galasso, A; Hossain, T; Hsu, M; Lim, N; Xiao, M; Yang, B
Published in: Marketing Letters
June 1, 2012

This paper reviews the literature that applies behavioral economic models to managerial decisions. It organizes the literature into research that focuses on alternative utility functions and research that focuses on non-equilibrium models. Generally, behavioral models have seen less application to manager decisions than to consumer decisions and therefore there are many opportunities to develop new theoretical models, new laboratory experiments, and new field applications. The application of these models to field data is particularly underdeveloped. © 2012 Springer Science+Business Media, LLC.

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Published In

Marketing Letters

DOI

ISSN

0923-0645

Publication Date

June 1, 2012

Volume

23

Issue

2

Start / End Page

405 / 421

Related Subject Headings

  • Marketing
  • 3506 Marketing
  • 1505 Marketing
 

Citation

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Goldfarb, A., Ho, T. H., Amaldoss, W., Brown, A. L., Chen, Y., Cui, T. H., … Yang, B. (2012). Behavioral models of managerial decision-making. Marketing Letters, 23(2), 405–421. https://doi.org/10.1007/s11002-012-9183-4
Goldfarb, A., T. H. Ho, W. Amaldoss, A. L. Brown, Y. Chen, T. H. Cui, A. Galasso, et al. “Behavioral models of managerial decision-making.” Marketing Letters 23, no. 2 (June 1, 2012): 405–21. https://doi.org/10.1007/s11002-012-9183-4.
Goldfarb A, Ho TH, Amaldoss W, Brown AL, Chen Y, Cui TH, et al. Behavioral models of managerial decision-making. Marketing Letters. 2012 Jun 1;23(2):405–21.
Goldfarb, A., et al. “Behavioral models of managerial decision-making.” Marketing Letters, vol. 23, no. 2, June 2012, pp. 405–21. Scopus, doi:10.1007/s11002-012-9183-4.
Goldfarb A, Ho TH, Amaldoss W, Brown AL, Chen Y, Cui TH, Galasso A, Hossain T, Hsu M, Lim N, Xiao M, Yang B. Behavioral models of managerial decision-making. Marketing Letters. 2012 Jun 1;23(2):405–421.
Journal cover image

Published In

Marketing Letters

DOI

ISSN

0923-0645

Publication Date

June 1, 2012

Volume

23

Issue

2

Start / End Page

405 / 421

Related Subject Headings

  • Marketing
  • 3506 Marketing
  • 1505 Marketing