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Incorporating micro data into differentiated products demand estimation with PyBLP
We delineate a general framework for incorporating many types of micro data from summary
statistics to full surveys of selected consumers into Berry, Levinsohn, and Pakes (1995)-style …
statistics to full surveys of selected consumers into Berry, Levinsohn, and Pakes (1995)-style …
Don't waste that free lettuce! Impact of BOGOF promotions on retail profit and food waste
Buy‐one‐get‐one‐free (BOGOF), a ubiquitous sales promotion scheme by which
consumers get two items for the price of one, encourages consumers to buy and waste food …
consumers get two items for the price of one, encourages consumers to buy and waste food …
When and how to leverage e-commerce cart targeting: The relative and moderated effects of scarcity and price incentives with a two-stage field experiment and causal …
The rise of online shop** cart–tracking technologies enables new opportunities for e-
commerce cart targeting (ECT). However, practitioners might target shoppers who have …
commerce cart targeting (ECT). However, practitioners might target shoppers who have …
Optimal price targeting
We study the profitability of personalized pricing policies in a setting with consumer-level
panel data. To compare pricing policies, we propose an inverse probability-weighted …
panel data. To compare pricing policies, we propose an inverse probability-weighted …
Effective adaptive exploration of prices and promotions in choice-based demand models
We consider the problem of setting the optimal prices and promotions for a multi product
category when the firm lacks demand information. At each time, a customer arrives and …
category when the firm lacks demand information. At each time, a customer arrives and …
Microeconometric models of consumer demand
JP Dubé - Handbook of the Economics of Marketing, 2019 - Elsevier
A long literature has developed econometric methods for estimating individual-consumer-
level demand systems that accommodate corner solutions. The increasing access to …
level demand systems that accommodate corner solutions. The increasing access to …
Price promotions: examining the buyer mix and subsequent changes in purchase loyalty
JG Dawes - Journal of Consumer Marketing, 2018 - emerald.com
Purpose This paper aims to investigate the extent to which temporary price promotions
attract people who do not normally buy a brand, and whether buyers change their propensity …
attract people who do not normally buy a brand, and whether buyers change their propensity …
Economic foundations of conjoint analysis
Observational data on either individual or aggregate demand is often not sufficient to identify
consumer preferences due to lack of variation in prices or product features, or the desire to …
consumer preferences due to lack of variation in prices or product features, or the desire to …
Measuring the lifetime value of a customer in the consumer packaged goods industry
In this study, the authors propose a flexible framework to assess customer lifetime value
(CLV) in the consumer packaged goods (CPG) context. They address the substantive and …
(CLV) in the consumer packaged goods (CPG) context. They address the substantive and …
Buy-one-get-one promotions in a two-echelon supply chain
Buy-one-get-one (BOGO) promotions have become popular. With BOGO, the first unit is sold
for the regular price, and the second unit is discounted. We analyze BOGO in manufacturer …
for the regular price, and the second unit is discounted. We analyze BOGO in manufacturer …