{"id":"https://openalex.org/W2749927663","doi":"https://doi.org/10.4018/ijisscm.2017100104","title":"The Impact of Boundedly Rational Consumers on the Strategic Decision of Two Competing Firms","display_name":"The Impact of Boundedly Rational Consumers on the Strategic Decision of Two Competing Firms","publication_year":2017,"publication_date":"2017-08-23","ids":{"openalex":"https://openalex.org/W2749927663","doi":"https://doi.org/10.4018/ijisscm.2017100104","mag":"2749927663"},"language":"en","primary_location":{"id":"doi:10.4018/ijisscm.2017100104","is_oa":false,"landing_page_url":"https://doi.org/10.4018/ijisscm.2017100104","pdf_url":null,"source":{"id":"https://openalex.org/S62270215","display_name":"International Journal of Information Systems and Supply Chain Management","issn_l":"1935-5726","issn":["1935-5726","1935-5734"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320424","host_organization_name":"IGI Global","host_organization_lineage":["https://openalex.org/P4310320424"],"host_organization_lineage_names":["IGI Global"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Information Systems and Supply Chain Management","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100321510","display_name":"Yuhang Zhang","orcid":"https://orcid.org/0000-0003-3825-0796"},"institutions":[{"id":"https://openalex.org/I9842412","display_name":"Nanjing University of Aeronautics and Astronautics","ror":"https://ror.org/01scyh794","country_code":"CN","type":"education","lineage":["https://openalex.org/I9842412"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"YuHang Zhang","raw_affiliation_strings":["Nanjing University of Aeronautics and Astronautics, College of Economics and Management, Nanjing, China"],"affiliations":[{"raw_affiliation_string":"Nanjing University of Aeronautics and Astronautics, College of Economics and Management, Nanjing, China","institution_ids":["https://openalex.org/I9842412"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5071183657","display_name":"Ying Wang","orcid":"https://orcid.org/0000-0002-0356-3998"},"institutions":[{"id":"https://openalex.org/I9842412","display_name":"Nanjing University of Aeronautics and Astronautics","ror":"https://ror.org/01scyh794","country_code":"CN","type":"education","lineage":["https://openalex.org/I9842412"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Ying Wang","raw_affiliation_strings":["Nanjing University of Aeronautics and Astronautics, College of Economics and Management, Nanjing, China"],"affiliations":[{"raw_affiliation_string":"Nanjing University of Aeronautics and Astronautics, College of Economics and Management, Nanjing, China","institution_ids":["https://openalex.org/I9842412"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5100321510"],"corresponding_institution_ids":["https://openalex.org/I9842412"],"apc_list":null,"apc_paid":null,"fwci":1.1421,"has_fulltext":false,"cited_by_count":3,"citation_normalized_percentile":{"value":0.82540036,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":96},"biblio":{"volume":"10","issue":"4","first_page":"61","last_page":"79"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9988999962806702,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9988999962806702,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10539","display_name":"Sustainable Supply Chain Management","score":0.9970999956130981,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9918000102043152,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.6743569374084473},{"id":"https://openalex.org/keywords/production","display_name":"Production (economics)","score":0.6282610893249512},{"id":"https://openalex.org/keywords/bounded-rationality","display_name":"Bounded rationality","score":0.6003629565238953},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.5960828065872192},{"id":"https://openalex.org/keywords/product","display_name":"Product (mathematics)","score":0.48161405324935913},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4800216257572174},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4728532135486603},{"id":"https://openalex.org/keywords/valuation","display_name":"Valuation (finance)","score":0.4650019407272339},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.3396220803260803},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.083189457654953}],"concepts":[{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.6743569374084473},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.6282610893249512},{"id":"https://openalex.org/C58694771","wikidata":"https://www.wikidata.org/wiki/Q814385","display_name":"Bounded rationality","level":2,"score":0.6003629565238953},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5960828065872192},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.48161405324935913},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4800216257572174},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4728532135486603},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.4650019407272339},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3396220803260803},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.083189457654953},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.4018/ijisscm.2017100104","is_oa":false,"landing_page_url":"https://doi.org/10.4018/ijisscm.2017100104","pdf_url":null,"source":{"id":"https://openalex.org/S62270215","display_name":"International Journal of Information Systems and Supply Chain Management","issn_l":"1935-5726","issn":["1935-5726","1935-5734"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320424","host_organization_name":"IGI Global","host_organization_lineage":["https://openalex.org/P4310320424"],"host_organization_lineage_names":["IGI Global"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Information Systems and Supply Chain Management","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:igg:jisscm:v:10:y:2017:i:4:p:61-79","is_oa":false,"landing_page_url":"https://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJISSCM.2017100104","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W415750367","https://openalex.org/W568587321","https://openalex.org/W1155555213","https://openalex.org/W1526813172","https://openalex.org/W1535465927","https://openalex.org/W1570570810","https://openalex.org/W1619402023","https://openalex.org/W1779474936","https://openalex.org/W1789388849","https://openalex.org/W1892122917","https://openalex.org/W1912962480","https://openalex.org/W1977295438","https://openalex.org/W2033442452","https://openalex.org/W2039810046","https://openalex.org/W2091938627","https://openalex.org/W2100951624","https://openalex.org/W2110315355","https://openalex.org/W2115297219","https://openalex.org/W2124832196","https://openalex.org/W2127661046","https://openalex.org/W2147106137","https://openalex.org/W2147458747","https://openalex.org/W2166711676","https://openalex.org/W2225001464","https://openalex.org/W2264897026","https://openalex.org/W2568407560","https://openalex.org/W3124248666","https://openalex.org/W3125727542","https://openalex.org/W3149946629","https://openalex.org/W4210284068"],"related_works":["https://openalex.org/W2127540156","https://openalex.org/W3121519497","https://openalex.org/W2150013309","https://openalex.org/W3125875653","https://openalex.org/W1982810066","https://openalex.org/W2256492139","https://openalex.org/W2012926253","https://openalex.org/W1916337095","https://openalex.org/W2316454852","https://openalex.org/W2344985557"],"abstract_inverted_index":{"Consider":[0],"two":[1,70,73],"production":[2,24,31,46,129,173],"competing":[3],"firms":[4,74,107,178],"offering":[5],"vertically":[6],"differentiated":[7],"products":[8],"to":[9,59,67,87,94,103,113,127,185],"strategic":[10,111],"consumers":[11,62,85],"who":[12],"are":[13],"the":[14,56,76,96,128,144,152,160,170,186],"boundedly":[15],"rational":[16],"consumer":[17,37],"surplus":[18],"maximizers.":[19],"Distinguishing":[20],"three":[21],"settings":[22],"of":[23,49,99,147,154,162,172,176],"capacity":[25,32,47,130,174],"commitment,":[26],"pricing":[27,44],"optimization":[28,191],"and":[29,45,57,143,192],"dynamic":[30],"management,":[33],"we":[34,54,119],"show":[35,168],"how":[36],"behavior":[38],"resulting":[39],"from":[40],"bounded":[41,105],"rationality":[42],"impact":[43],"decisions":[48,112,131,175],"firm.":[50],"In":[51,82,116],"this":[52,104,117],"study,":[53,118],"follow":[55],"model":[58],"analyze":[60],"that":[61,121,169],"strategize":[63],"over":[64],"which":[65],"product":[66,97,149,155],"purchase":[68],"under":[69,134],"scenarios":[71],"where":[72],"enter":[75],"same":[77],"market":[78],"simultaneously":[79],"or":[80,92,137],"successively.":[81],"either":[83,141],"model,":[84],"have":[86],"rely":[88],"on":[89],"anecdote":[90,136],"reasoning":[91],"word-of-mouth":[93],"infer":[95],"information":[98],"both":[100,177],"firms.":[101],"Due":[102],"rationality,":[106],"dynamically":[108],"adjust":[109],"their":[110],"maximize":[114],"profits.":[115],"prove":[120],"it":[122],"is":[123,183],"not":[124,180],"always":[125,181],"optimal":[126,182],"no":[132],"matter":[133],"one":[135],"multiple":[138],"anecdotes":[139],"in":[140],"scenario,":[142],"fill":[145],"rate":[146],"regular":[148],"increases":[150],"as":[151],"level":[153],"environmental":[156],"protection":[157],"increases,":[158],"then":[159],"profit":[161],"corresponding":[163],"firm":[164],"might":[165],"increase.":[166],"We":[167],"result":[171],"being":[179],"robust":[184],"heterogeneous":[187],"sample":[188],"size,":[189],"price":[190],"discounted":[193],"valuation.":[194]},"counts_by_year":[{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":2}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
