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IF 5 2区 管理学
Marketing Science Pub Date : 2024-05-13 DOI: 10.1287/mksc.2024.focusonaus.v43.n3
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引用次数: 0
Frontiers: Digital Hermits 前沿:数字隐士
IF 5 2区 管理学
Marketing Science Pub Date : 2024-05-09 DOI: 10.1287/mksc.2023.0612
Jeanine Miklós-Thal, Avi Goldfarb, Avery Haviv, Catherine Tucker
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引用次数: 0
Designing Loot Boxes: Implications for Profits and Welfare 设计战利品箱:对利润和福利的影响
IF 5 2区 管理学
Marketing Science Pub Date : 2024-05-07 DOI: 10.1287/mksc.2023.0007
Jin Miao, Sanjay Jain
{"title":"Designing Loot Boxes: Implications for Profits and Welfare","authors":"Jin Miao, Sanjay Jain","doi":"10.1287/mksc.2023.0007","DOIUrl":"https://doi.org/10.1287/mksc.2023.0007","url":null,"abstract":"<p>A loot box is a probabilistic allocation of virtual products, the exact outcome of which is known to consumers only after purchase. Consumers sometimes purchase these goods multiple times until their preferred products are obtained. As loot boxes have been gaining enormous popularity in recent years, they are often criticized as exploitative and socially wasteful. In this study, we develop a stylized model to study the optimal design of loot boxes and its impact on profits and social welfare. We find that firms may assign asymmetric probabilities to ex ante symmetric products. Firms could use loot boxes to offer products at low prices to users who would not buy these products under the traditional pricing strategy. Loot boxes enable firms to earn higher profits because of better price discrimination and market expansion. Contrary to the widespread criticism of loot boxes as socially harmful, our analysis reveals that the loot box strategy can improve social welfare. Some platforms promise that consumers can obtain their preferred products with no more than a certain number of purchases. Contrary to conventional wisdom, our analysis reveals that such a strategy can increase firm’s profits while reducing consumer welfare.</p><p><b>History:</b> Anthony Dukes served as the senior editor.</p><p><b>Supplemental Material:</b> The online appendix is available at https://doi.org/10.1287/mksc.2023.0007.</p>","PeriodicalId":48382,"journal":{"name":"Marketing Science","volume":null,"pages":null},"PeriodicalIF":5.0,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140881680","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Multiattribute Search: Empirical Evidence and Information Design 多属性搜索:经验证据与信息设计
IF 5 2区 管理学
Marketing Science Pub Date : 2024-04-30 DOI: 10.1287/mksc.2022.0177
Pedro M. Gardete, Megan Hunter
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引用次数: 0
Don’t Hurry, Be Happy! The Bright Side of Late Product Release 别急,开心点晚发布产品的好处
IF 5 2区 管理学
Marketing Science Pub Date : 2024-04-30 DOI: 10.1287/mksc.2023.0393
Mushegh Harutyunyan, Chakravarthi Narasimhan
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引用次数: 0
Where Does Advertising Content Lead You? We Created a Bookstore to Find Out 广告内容会将您引向何方?我们创建了一个书店来探寻答案
IF 5 2区 管理学
Marketing Science Pub Date : 2024-04-26 DOI: 10.1287/mksc.2023.0138
Ilya Morozov, Anna Tuchman
{"title":"Where Does Advertising Content Lead You? We Created a Bookstore to Find Out","authors":"Ilya Morozov, Anna Tuchman","doi":"10.1287/mksc.2023.0138","DOIUrl":"https://doi.org/10.1287/mksc.2023.0138","url":null,"abstract":"<p>We study how advertising content influences consumers’ decisions. To this end, we create a simulated online bookstore that imitates a real online shopping experience. We then conduct a preregistered and incentive-compatible experiment in which we randomly expose store visitors to display ads, randomizing both advertising exposures and content. We find that ad content plays a major role in shaping advertising effects. Ads that reveal a book’s low price consistently increase demand for the advertised book relative to ads that do not reveal price. By contrast, ads that reveal the book’s genre induce some consumers to search and buy the book but lead others to reject it without search. We show these polarized responses can increase or decrease the total number of searches and purchases of the advertised book depending on the share of consumers who favor the revealed genre. Our findings suggest that advertisers should carefully choose which product attributes to reveal in their ad copies. We also show that revealing product attributes in ads does not change the total amount of search. Taken together, our results suggest the primary role of ad content is to affect consumers’ beliefs about the advertised book rather than to alter the perceived benefits from search.</p><p><b>History:</b> Catherine Tucker served as the senior editor for this article.</p><p><b>Funding:</b> This work was supported by Amazon Research Award. All authors certify that they have no affiliations with or involvement in an any organization or entity with any financial or non-financial interest in the subject matter or materials discussed in this manuscript.</p><p><b>Supplemental Material:</b> The online appendix and data files are available at https://doi.org/10.1287/mksc.2023.0138. The preregistration document is available at https://aspredicted.org/m3jm2.pdf. Our public data repository at https://github.com/ilyamorozov/adContent contains data, codes, and a written tutorial with instructions on how to create a simulated online store.</p>","PeriodicalId":48382,"journal":{"name":"Marketing Science","volume":null,"pages":null},"PeriodicalIF":5.0,"publicationDate":"2024-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140798841","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Frontiers: Can Large Language Models Capture Human Preferences? 前沿:大型语言模型能否捕捉人类偏好?
IF 5 2区 管理学
Marketing Science Pub Date : 2024-04-25 DOI: 10.1287/mksc.2023.0306
Ali Goli, Amandeep Singh
{"title":"Frontiers: Can Large Language Models Capture Human Preferences?","authors":"Ali Goli, Amandeep Singh","doi":"10.1287/mksc.2023.0306","DOIUrl":"https://doi.org/10.1287/mksc.2023.0306","url":null,"abstract":"This paper examines the potential of large language models to mimic human survey respondents and to derive their preferences.","PeriodicalId":48382,"journal":{"name":"Marketing Science","volume":null,"pages":null},"PeriodicalIF":5.0,"publicationDate":"2024-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140659079","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Commentary on “Frontiers: Breaking the Glass Ceiling: Empowering Female Entrepreneurs Through Female Mentors” 评论 "前沿:打破玻璃天花板打破玻璃天花板:通过女性导师为女性企业家赋权" 发表评论
IF 5 2区 管理学
Marketing Science Pub Date : 2024-04-22 DOI: 10.1287/mksc.2024.0802
Ting Zhang
{"title":"Commentary on “Frontiers: Breaking the Glass Ceiling: Empowering Female Entrepreneurs Through Female Mentors”","authors":"Ting Zhang","doi":"10.1287/mksc.2024.0802","DOIUrl":"https://doi.org/10.1287/mksc.2024.0802","url":null,"abstract":"Marketing Science, Ahead of Print. <br/>","PeriodicalId":48382,"journal":{"name":"Marketing Science","volume":null,"pages":null},"PeriodicalIF":5.0,"publicationDate":"2024-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140635047","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Using Text Analysis in Parallel Mediation Analysis 在平行调解分析中使用文本分析
IF 5 2区 管理学
Marketing Science Pub Date : 2024-04-02 DOI: 10.1287/mksc.2023.0045
Judy (Zijing) Zhang, H. Alice Li, Greg M. Allenby
{"title":"Using Text Analysis in Parallel Mediation Analysis","authors":"Judy (Zijing) Zhang, H. Alice Li, Greg M. Allenby","doi":"10.1287/mksc.2023.0045","DOIUrl":"https://doi.org/10.1287/mksc.2023.0045","url":null,"abstract":"Marketing Science, Ahead of Print. <br/>","PeriodicalId":48382,"journal":{"name":"Marketing Science","volume":null,"pages":null},"PeriodicalIF":5.0,"publicationDate":"2024-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140572002","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Local Market Reaction to Brand Acquisitions: Evidence from the Craft Beer Industry 当地市场对品牌收购的反应:来自手工啤酒行业的证据
IF 5 2区 管理学
Marketing Science Pub Date : 2024-04-01 DOI: 10.1287/mksc.2022.0383
Ali Umut Guler, Kanishka Misra, Vishal Singh
{"title":"Local Market Reaction to Brand Acquisitions: Evidence from the Craft Beer Industry","authors":"Ali Umut Guler, Kanishka Misra, Vishal Singh","doi":"10.1287/mksc.2022.0383","DOIUrl":"https://doi.org/10.1287/mksc.2022.0383","url":null,"abstract":"Marketing Science, Ahead of Print. <br/>","PeriodicalId":48382,"journal":{"name":"Marketing Science","volume":null,"pages":null},"PeriodicalIF":5.0,"publicationDate":"2024-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140572000","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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