Bounded Rationality and Industrial Organization

By Ran Spiegler. 2011

330 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/71f32ed98bfd4b7950346f4a6f8a4e16a043d898

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Citations in the corpus

Modelling Bounded Rationality in Organizations: Progress and Prospects† (2015, background): “There is, of course, a significant body of modelling work with some form of bounded rationality in economics; see for instance Rubinstein (1998) or Spiegler (2011), as well as an extensive empirical tradition (e.g. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31…”
Price Competition Under Limited Comparability (2012, methodology): “Eliaz and Spiegler (2011) formalize the notion that marketing activities influence the set of alternatives that consumers subject to a preference ranking.”
Salience and Consumer Choice (2013, unknown): “Endogenizing the consideration or evoked set is an important direction of future work; see Hauser and Wernerfelt ð1990Þ and Eliaz and Spiegler ð2011Þ.”
From intention to action: Can nudges help consumers to choose renewable energy? (2014, background): “Due to their limitations in cognitive processes and attention, individuals have difficulties understanding the situation they are in and suffer from an imperfect ability to process new information (Ariely, 2009; Spiegler, 2011; Thaler and Sunstein, 2003).”
Consumer Inattention and Bill-Shock Regulation (2015, background): “…due either to biased beliefs (Eliaz and Spiegler 2008, Grubb 2009), myopia (Gabaix and Laibson 2006, Miao 2010), naive quasi-hyperbolic-discounting (DellaVigna and Malmendier 2004, Eliaz and Spiegler 2006), leads to high marginal prices above marginal cost.8 (See Spiegler (2011) for a survey.)”
Thermodynamics as a theory of decision-making with information-processing costs (2012, background): “Starting with Simon [23], bounded rationality has been extensively studied in psychology, economics, political science, industrial organization, computer science and artificial intelligence research—see for example [40, 41, 42, 43, 10, 11, 44, 45].”
Cellular Service Demand: Biased Beliefs, Learning, and Bill Shock (2015, background): “Moreover, it is related to the growing literature on optimal contracting with non-standard consumers (for which Spiegler (2011) provides a good guide).”