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Celebrities, Social Media Influencers and Reference Groups
Celebrity endorsement is one of the most commonly used marketing strategies in the fashion and luxury industry. In the process of digital...
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Dynamic pricing of differentiated products under competition with reference price effects using a neural network-based approach
In this paper, we analyze the dynamic-pricing decisions of differentiated products for retailers operating in a competitive environment, for a...
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Round number reference points and irregular patterns in reported gross margins
We find irregular patterns in the distribution of firms’ reported quarterly gross margin percentages. Specifically, there is significant bunching...
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Multi-criteria Methods Using the Reference Points Approach
The TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) method is a modification of the distance reference method developed by...
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An evolutive model of a boundedly rational consumer with changing preferences and reference group consumption
In this paper, two dynamic models, recently proposed to describe the adaptive repeated choices of a boundedly rational consumer, are joined together....
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Digital Twin-based manufacturing system: a survey based on a novel reference model
The development of advanced information technologies are paving the digital transformation of manufacturing systems, of which Digital Twin-based...
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A reference framework for the digital twin smart factory based on cloud-fog-edge computing collaboration
Digital twin (DT) is an important approach for the factory to achieve intelligence. Due to the different scenarios and definitions, the...
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Develo** and Deploying Federated Learning Models in Data Spaces: Smart Truck Parking Reference Use Case
Earlier work proposed a reference use case and data space architecture for smart truck parking and positioned future use of federated learning for...
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An extended best–worst multiple reference point method: application in the assessment of non-life insurance companies
In this paper a multi-criteria decision-making (MCDM) method is developed to rank a set of insurance companies. The proposed method is based on...
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A semiparametric approach to estimating reference price effects in sales response models
It is well known that store-level brand sales may not only depend on contemporaneous influencing factors like current own and competitive prices or...
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Estimating expectations-based reference-price effects in the used-car retail market
This paper estimates the reference-price effects in consumers’ car purchase decisions exploiting a unique panel data-set on the non-negotiable daily...
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How internal reference prices determine when a price’s location will influence consumer judgments
Research has begun to examine if a price’s physical location—whether it is shown to the left versus right, or at the bottom versus top, of a...
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Maximum angle evolutionary selection for many-objective optimization algorithm with adaptive reference vector
How to maintain a good balance between convergence and diversity is particularly important for the performance of the many-objective evolutionary...
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Youth employment for inclusive growth: a review and research agenda in global perspective with special reference to India
In instances where the “youth bulge” in develo** nations is aggravating the unemployment crisis and contributing to a detrimental cycle of events,...
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A systematic literature review of imperfect quality items: challenges, opportunities, and insights with reference to SDGs
Every business sector has inventory problems whether they are realized or not. The occurrence of imperfect quality items (IQI) in the inventory is...
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Simple ranking method using reference profiles: incremental elicitation of the preference parameters
The Simple Ranking Method using Reference Profiles (or SRMP) is a Multi-Criteria Decision Aiding technique based on the outranking paradigm, which...
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An agent-based model of repeated decision making under risk: modeling the role of alternate reference points and risk behavior on long-run outcomes
Prospect theory suggests that decision makers facing uncertain outcomes tend to be risk-seeking when choosing between losses but risk-averse when...
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Preference elicitation for a ranking method based on multiple reference profiles
Multiple criteria decision aid methodologies support decision makers (DM) facing decisions involving conflicting objectives. DM’s preferences should...
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Interoperability of Digital Government Services: A Brazilian Reference Architecture Model to Promote Communication, Management, and Reuse of Solutions
Digital Transformation has changed strategies and presented challenges on how to plan and implement electronic services and solutions in Governments....