Journal articleMarketing Science · September 1, 2025
Consumers’ growing concern for the environment has motivated firms to offer sustainable products in several categories. An exploratory survey shows that many consumers desire sustainable products and are willing to pay more for them, but some consumers dis ...
Full textCite
Journal articleManagement Science · June 18, 2025
Consumers visiting platforms that host user-generated content (UGC) not only consume content but also generate content by investing time and effort. This paper seeks to examine a UGC platform’s content provision strategy: how a UGC platform can motivate co ...
Full textCite
Journal articleMarketing Science · May 1, 2025
We present the conditions under which a prototypical product can be priced lower than a nonprototypical product when consumer valuations are moderately high. ...
Full textCite
Journal articleMarketing Science · September 1, 2024
Traditionally, e-commerce marketplaces have enabled third-party sellers to sell to potential consumers and have earned commission from the sales. In recent years, e-commerce platforms have begun to leverage private label and sponsored advertising to genera ...
Full textCite
Journal articleMarketing Science · January 1, 2024
Media platforms generate revenue by bringing consumers and advertisers together. Although advertisers like to promote their services and products to consumers, consumers dislike advertisements to varying levels. Given heterogeneity in consumers’ dislike fo ...
Full textCite
Journal articleJournal of Marketing Research · December 1, 2023
Publishers face an existential threat from a variety of news aggregators, such as free aggregators (e.g., Google News, Yahoo News), micropayment-facilitating aggregators (e.g., Blendle), and subscription-charging aggregators (e.g., Apple News+). The author ...
Full textCite
Journal articleManagement Science · August 1, 2023
Research in psychology shows that consumption goals can help consumers avoid excessive consumption of vice goods and the associated long-term harm. In this paper, we propose a model of self-control with consumption goals and examine how goals moderate the ...
Full textCite
Journal articleMarketing Science · January 1, 2021
Some media platforms earn their profits from both consumers and advertisers (e.g., Spotify, Hulu), whereas others earn their profits from either advertisers only (e.g., Jango, Tubi) or consumers only (e.g., Tidal, Netflix). Thus, media platforms adopt dive ...
Full textCite
Journal articleJournal of Marketing Research · October 1, 2019
Technology is making it easier for firms to track consumers’ purchase history and leverage the information when setting prices. This article explores the practice of behavior-based pricing (BBP) in a horizontally differentiated market where consumers’ tast ...
Full textCite
Journal articleManagement Science · September 1, 2018
Products such as Nike running shoes, Gillette razors, and Gatorade sports drink serve as the standard against which consumers evaluate other members of the category. Empirical evidence suggests that consumers care about not only the consumption utility der ...
Full textCite
Journal articleMarketing Science · March 1, 2016
In sponsored search advertising, advertisers bid to be displayed in response to a keyword search. The operational activities associated with participating in an auction, i.e. submitting the bid and the ad copy, customizing bids and ad copies based on vario ...
Full textCite
Journal articleJournal of Marketing Research · December 1, 2015
Multitier store brands are increasing in significance in retail outlets. In this article, the authors theoretically examine the rationale for the existence of multitier store brands, their optimal quality levels, and their implications for consumer welfare ...
Full textCite
Journal articleManagement Science · September 1, 2015
Branding decisions are critical for the success of new products. Prior research on branding and brand extension has primarily focused on how branding influences consumer's perceptions of product quality. However, consumers of conspicuous goods care not onl ...
Full textCite
Journal articleManagement Science · March 1, 2015
In using the generalized second-price (GSP) auction to sell advertising slots, a search engine faces several challenges. Advertisers do not truthfully bid their valuations, and the valuations are uncertain. Furthermore, advertisers are budget constrained. ...
Full textCite
Journal articleMarketing Science · January 1, 2013
When we think of colas, Coca-Cola first comes to mind. Products such as Cola-Cola, Tide laundry detergent, and Chapstick lip balm are the prototypical products in their respective categories. For more than three decades, research in consumer psychology has ...
Full textCite
Journal articleMarketing 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, behav ...
Full textCite
Journal articleMarketing Science · September 1, 2011
Recent business research points to the fortune awaiting to be tapped in low-end markets. In this paper, we investigate how the size of the low-end market influences a firm's profits and the pioneering firm's quality choice. As low-valuation consumers incre ...
Full textCite
Journal articleManagement Science · April 1, 2010
Some luxury goods manufacturers offer limited editions of their products, whereas some others market multiple product lines. Researchers have found that reference groups shape consumer evaluations of these product categories. Yet little empirical research ...
Full textOpen AccessCite
Journal articleManagement Science · February 1, 2010
Firms collaborate to develop and deliver new products. These collaborations vary in terms of the similarity of the competencies that partnering firms bring to the alliance. In same-function alliances, partnering firms have similar competencies, whereas in ...
Full textOpen AccessCite
Journal articleJournal of Marketing Research · January 1, 2010
In many product categories, consumer tastes are diverse, and firms use finely targeted advertising to inform consumers about their products. This article proposes a model of informative advertising that allows for diverse consumer tastes and multiple compe ...
Full textCite
Journal article · December 1, 2009
Budget-constrained and financially motivated members of independent groups participated in a series of two-stage contests to win a single, commonly valued, and exogenously determined prize. We present and test an equilibrium model that, in addition to the ...
Cite
Journal articleMarketing Science · May 1, 2009
Consumers cannot purchase a prescription drug without a prescription from a physician, yet many prescription drugs are promoted to consumers with the help of direct-to-consumer (DTC) advertising. In this paper, we propose and test a competitive model of DT ...
Full textCite
Journal article · March 31, 2009
Social factors influence our everyday life in many ways. For example, consumers purchase conspicuous goods to satisfy not only material needs but also social needs such as prestige. In an attempt to meet these social needs, producers of conspicuous goods s ...
Cite
Journal articleMarketing Letters · December 1, 2008
Much of experimental research in marketing has focused on individual choices. Yet in many contexts, the outcomes of one's choices depend on the choices of others. Furthermore, the results obtained in individual decision making context may not be applicable ...
Full textCite
Journal articleManagement Science · October 1, 2008
In this paper, we study the name-your-own-price (NYOP) channel. We examine theoretically and empirically whether asking consumers to place a joint bid for multiple items, rather than bid one item at a time as practiced today, can increase NYOP retailers' p ...
Full textCite
Journal articleMarketing Science · September 1, 2008
Reference groups influence product and brand evaluations, especially when the product is a publicly consumed luxury good. Marketers of such luxury goods need to carefully balance two important social forces: (1) the desire of leaders to distinguish themsel ...
Full textCite
Journal articleMarketing Science · September 1, 2008
In several marketing contexts, strategic complementarity between the actions of individual players demands that players coordinate their decisions to reach efficient outcomes. Yet coordination failure is a common occurrence. We show that the well-establish ...
Full textCite
Journal articleJournal of Economic Behavior and Organization · July 1, 2008
In one of their experimental studies, Rapoport and Amaldoss [Rapoport, A., Amaldoss, W., 2000. Mixed strategies and iterative elimination of strongly dominated strategies: an experimental investigation of states of knowledge. Journal of Economic Behavior a ...
Full textCite
Journal articleMarketing Letters · December 1, 2005
We explore issues in theory-driven choice modeling by focusing on partial-equilibrium models of dynamic structural demand with forward-looking decision-makers, full equilibrium models that integrate the supply side, integration of bounded rationality in dy ...
Full textCite
Journal articleMarketing Letters · December 2005
We explore issues in theory-driven choice modeling
by focusing on partial-equilibrium models of dynamic structural demand
with forward-looking decision-makers, full equilibrium models that
integrate the supply side, integration of bounded rationality in ...
Cite
Journal articleManagement Science · October 1, 2005
Consumers purchase conspicuous goods to satisfy not only material needs but also social needs such as prestige. In an attempt to meet these social needs, producers of conspicuous goods like cars, perfumes, and watches, highlight the exclusivity of their pr ...
Full textCite
Journal articleJournal of Mathematical Psychology · August 1, 2005
We report the results of an experiment on two-stage contests with budget-constrained agents competing to win an exogenously determined prize. In stage 1, agents first compete within their own groups by expending resources, and then in stage 2 the winners o ...
Full textCite
Journal articleMarketing Science · June 1, 2005
In alliances jointly developing product and market, we first investigate how (a) the number of networks competing to develop a product, (b) the number of alternative technology platforms, and (c) market sensitivity to product development expenditures affec ...
Full textCite
Journal articleJournal of Marketing Research · January 1, 2005
Social needs play an Important role In the purchase of conspicuous goods. In this article, the authors extend traditional economic models to accommodate social needs, such as desire for uniqueness and conformism, and examine their implications for pricing ...
Full textCite
Journal articleJournal of Economic Behavior and Organization · January 1, 2004
We consider sealed-bid, first-price, all-pay auctions with complete information, discrete strategy space, budget constraint, and symmetric players, and then construct the equilibrium solution in mixed strategies for both fixed and variable prizes. The equi ...
Full textCite
Journal articleManagement Science · January 1, 2002
Mixed strategies are widely used to model strategic situations in diverse fields such as economics, marketing, political science, and biology. However, some of the implications of asymmetric mixed-strategy solutions are counterintuitive. We develop a styli ...
Full textCite
Journal articleJournal of Economic Behavior and Organization · January 1, 2000
The iterative elimination of strongly dominated strategies (IESDS) and mixed-equilibrium solution concepts are studied in an iterated two-person investment game with discrete strategy spaces, non-recoverable investments, and either equal or unequal investm ...
Full textCite
Journal articleMarketing Science · January 1, 2000
In collaborating to compete, firms forge different types of strategic alliances: same-function alliances, parallel development of new products, and cross-functional alliances. A major challenge in the management of these alliances is how to control the res ...
Full textCite