Blogs about: Prospect Theory
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Subscription Pricing For Unbundled Offerings
The problem with unbundled pricing (pricing separately for each component of a monolith) is the multiple purchase decisions the customer has to make. Every time the customer opens the wallet and pays … more →
Iterative Path
Prospect Theory
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the.light.bearer wrote 1 month ago: People who visit this blog don’t expect to read about Prospect Theory, but I was stuck in traf … more →
Using Prospect Theory to Guide Product Management Decisions
Rishi Dean wrote 1 month ago: In working through a number of recent product decisions, it quickly occurred to me that the fields o … more →
Subscription Pricing For Unbundled Offerings
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Rags Srinivasan wrote 2 months ago: The problem with unbundled pricing (pricing separately for each component of a monolith) is the mult … more →
Free to Fee - Kraft Charging For Its Magazine
Rags Srinivasan wrote 3 months ago: Kraft Foods has a magazine called Food & Family that is basically a recipe book that pushes bra … more →
Prospect Theory in Paperless Billing
Rags Srinivasan wrote 3 months ago: Businesses want their customers to switch to paperless statement for multiple reasons. The chief amo … more →
Relative Price
Rags Srinivasan wrote 4 months ago: I was at Best Buy stores the other day and was looking at their cables. I was surprised to see HDMI … more →
Further Unbundling of Baggage Fees
Rags Srinivasan wrote 6 months ago: United Airlines was the first US airlines to start charging separately for bags checked. Now they ar … more →
Slow decline of Home Prices
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Rags Srinivasan wrote 6 months ago: Shiller (of Case -Shiller index) wrote in The New York Times about why home prices fall slowly inste … more →
Theory Behind Home Staging
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Rags Srinivasan wrote 7 months ago: In the down economy and slow housing market, most homeowners are staging their house for the sale. T … more →
Do you pick free shipping or pay for it at Amazon.com?
Rags Srinivasan wrote 7 months ago: In his book Predictably Irrational, Dan Ariely talks about how we treat money as percentages instead … more →
TRB: "Irrational" Behavior and the Ventral Striatum
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Michael wrote 9 months ago: One of the most enduring observations of behavioral economics is the reference-dependent nature of u … more →
Framing - How we aren't in control of our decisions
Paul Harrison wrote 9 months ago: This excerpt shows how we come to completely different decisions depending upon how an offer is fram … more →
Prospect Theory and the Welfare Cost of Business Cycles
wxiao wrote 11 months ago: Jointly with Nazneen Ahmad. Southwestern Journal of Economics 10 (2007), 3 – 24 (Download). Accordin … more →
Winners never quit? - umm sometimes they do
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b oe d wrote 11 months ago: Tergelitik dengan ‘quote’ yg dikutip di status FB dari salah satu rekan [halo mb Titin ] … more →
Tversky. Amos Tversky.
Andrew Potter wrote 1 year ago: After giving Hugo Drax a taste of his own medicine at cards, James Bond ponders the asymmetrical wei … more →
Sunk Cost Reality: Post-signing relationship conversation
Les Stewart wrote 1 year ago: Franchisor to franchisee: OR: Les the new poo-extraction technology will cost you $100. EE: So the n … more →
Allais Paradox and Rational Decisions
Niranjan wrote 1 year ago: Slate has a simple test of rationality, which is really the Allais Paradox. To understand the signif … more →
The Endowment Effect in Chimpanzees - Abstract
The Situationist Staff wrote 1 year ago: Sarah F. Brosnan, Owen D. Jones, Susan P. Lambeth, Mary Catherine Mareno, Amanda S. Richardson, and … more →
A New Theory of the Endowment Effect - Abstract
The Situationist Staff wrote 1 year ago: Owen Jones and Sarah Brosnan have posted their article, “Law, Biology, and Property: A New The … more →
