Authors: Bart J Bronnenberg Jean Pierre Dubé Carl F Mela Paulo Albuquerque Tulin Erdem Brett Gordon Dominique Hanssens Guenter Hitsch Han Hong Baohong Sun
Publish Date: 2008/09/23
Volume: 19, Issue: 3-4, Pages: 367-
Abstract
This paper discusses the role of agents’ beliefs and their implications for the economic modeling of their behavior in particular their behavior over time The paper also discusses the corresponding planning problems facing both firms and consumers in their current decision making After a general discussion of the consumer and firm problem we discuss recent examples of some of the emerging empirical literature on dynamic choice behavior in marketing
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