The impact of consumer's regret on firms' decisions in a durable good market

DOI10.1007/s00712-023-00819-wzbMath1518.91120MaRDI QIDQ6100988

Qianshuo Liu

Publication date: 20 June 2023

Published in: Journal of Economics (Search for Journal in Brave)

zbMATH Keywords

uncertaintydurable goodduopoly competitionconsumers' anticipated regret

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)

Cites Work

• Regret theory with general choice sets
• Brand premia driven by perceived vertical differentiation in markets with information disparity and optimistic consumers
• The Achilles' heel of salience theory and a way to fix it
• Durable-Goods Monopoly with Varying Demand
• Regret in Decision Making under Uncertainty
• Prospect Theory: An Analysis of Decision under Risk

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