An Investigation of Competitive Preference Structures and Posterior Performance Through a Bayesian Decision-Theoretic Approach

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dc.contributor.authorEliashberg, Jehoshua
dc.date2023-05-17T20:11:50.000
dc.date.accessioned2023-05-22T23:42:27Z
dc.date.available2023-05-22T23:42:27Z
dc.date.issued1981-07-01
dc.date.submitted2018-06-11T07:30:40-07:00
dc.description.abstractIn this paper we analyze competitive decision-making situations in terms of their preference structures and posterior performance, through a Bayesian decision-theoretic framework. The setting is that of a two-by-two, two-person, non-zero-sum and noncooperative game which is repeated over time. The dynamic behavior of the competitors for different classes of games, as identified by their preference structures, is examined and a classification scheme is proposed for the purpose of unification. The competitors' dynamic behavior and posterior performance for some general classes of games is then derived, and the relationship to the results implied from game-theoretic considerations is discussed. Illustrative examples are given, too.
dc.identifier.urihttps://repository.upenn.edu/handle/20.500.14332/39403
dc.legacy.articleid1453
dc.legacy.fields10.1287/mnsc.27.7.785
dc.legacy.fulltexturlhttps://repository.upenn.edu/cgi/viewcontent.cgi?article=1453&context=marketing_papers&unstamped=1
dc.rightsOriginally published in Management Science © INFORMS This is a pre-publication version. The final version is available at http://dx.doi.org/10.1287/mnsc.27.7.785
dc.source.beginpage785
dc.source.endpage801
dc.source.issue239
dc.source.issue7
dc.source.journalMarketing Papers
dc.source.journaltitleManagement Science
dc.source.peerreviewedtrue
dc.source.statuspublished
dc.source.volume27
dc.subject.othergames
dc.subject.othernoncooperative
dc.subject.otherdecision analysis
dc.subject.othersequential
dc.subject.otherutility/preference
dc.subject.otherBehavioral Economics
dc.subject.otherBusiness
dc.subject.otherMarketing
dc.titleAn Investigation of Competitive Preference Structures and Posterior Performance Through a Bayesian Decision-Theoretic Approach
dc.typeArticle
digcom.identifiermarketing_papers/239
digcom.identifier.contextkey12288077
digcom.identifier.submissionpathmarketing_papers/239
digcom.typearticle
dspace.entity.typePublication
upenn.schoolDepartmentCenterMarketing Papers
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