Habit forming consumers and firm dynamics

DOI10.1016/J.JEDC.2023.104704MaRDI QIDQ6094479FDOQ6094479

Authors: Arthur Fishman, Ziv Hellman, Avi Weiss 

Publication date: 14 September 2023

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Recommendations

• Consumer inertia, firm growth and industry dynamics.
• Habit persistence, heterogeneous tastes, and imperfect competition
• Customer capital
• Asymmetry of customer loss and recovery under endogenous partnerships: theory and evidence
• Customized Dynamic Pricing When Customers Develop a Habit or Satiation

zbMATH Keywords

habit formationfirm dynamicsfirm growthconsumer dynamics

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Consumer behavior, demand theory (91B42)

Cites Work

• Title not available (Why is that?)
• Multi-Period Competition with Switching Costs
• Re-examining the effects of switching costs
• Competition when Consumers have Switching Costs: An Overview with Applications to Industrial Organization, Macroeconomics, and International Trade
• An anatomy of international trade: evidence from French firms
• Reputation and imperfect information
• Customer capital
• Deep Habits
• Reputation building through costly adjustment
• NEW EXPORTER DYNAMICS
• Sweat equity in U.S. private business

Cited In (2)

• Consumer inertia, firm growth and industry dynamics.
• HABIT FORMATION IN AN INTERDEPENDENT WORLD ECONOMY

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