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Expectation, Disappointment, and Exit: Reference Point Formation in a Marketplace

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NBER2017-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23022
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资源简介:
We study expectation-based reference point formation using data from an online auction marketplace. We hypothesize that exit from the marketplace is affected by disappointment from abruptly losing an auction after being the leading bidder. Expectation-based reference points that evolve over time
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2017-01-01
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