Latest on Consumer Behavior
Consumer Behavior Faculty
CBS Faculty Research on Consumer Behavior
Activists, categories, and markets: Racial diversity and protests against Wal-Mart store openings in America
- Authors
- Date
- January 1, 2010
- Format
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Journal Article
- Journal
- Research in the Sociology of Organizations
Identity movements rely on a shared "we-feeling" amongst a community of participants. In turn, such shared identities are possible when movement participants can self-categorize themselves as belonging to one group. We address a debate as to whether community diversity enhances or impedes such protests, and investigate the role of racial diversity since it is a simple, accessible, and visible basis of community diversity and social categorization.
Mean-variance analysis of stochastic inventory models
Multi-product supply chains with supplier and retailer competition
The capacity service level trade-off
Assessing financial product solutions to America's retirement income planning: A closer look at annuity lifetime withdrawal guarantees and target date mutual funds
Price competition under yield uncertainty
Revenue Management with Strategic Customers: Last-Minute Selling and Opaque Selling
- Authors
- Date
- January 1, 2010
- Format
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Journal Article
- Journal
- Management Science
Companies in a variety of industries (e.g., airlines, hotels, theaters) often use last-minute sales to dispose of unsold capacity. Although this may generate incremental revenues in the short term, the long-term consequences of such a strategy are not immediately obvious: More discounted last-minute tickets may lead to more consumers anticipating the discount and delaying the purchase rather than buying at the regular (higher) prices, hence potentially reducing revenues for the company.
Creativity, Brands, and the Ritual Process: Confrontation and Resolution in Advertising Agencies
- Authors
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Timothy de Waal Malefyt and Robert Morais
- Date
- January 1, 2010
- Format
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Journal Article
- Journal
- Culture and Organization
The intensity of modern business has increased pressure for innovation, which places greater emphasis on creativity. This article explores one of the central sites of creativity in the American corporate world, the advertising agency. We examine how creativity in agencies is managed, controlled, and channeled to produce advertisements. We contend that the brand advertised and the agency’s creative collaborations have properties of ritual symbols and that rituals mediate tension inherent in two forces, stability and change, which define the brand and the advertising collaboration.