In this independent decision-making mode, the influence of consumer anticipation of regret on automakers’ production decisions is uncertain. The study found the following: when in independent decision-making mode, as the government increases the requirements associated with the new energy vehicle credit ratio, automakers reduce the number of fuel vehicles and the number of new energy vehicles produced. Given the dual-credit policy, this study introduces the concept of anticipated regret to characterize consumers’ evaluation of product utility, and then analyzes the impact of this behavior on the volume of vehicles produced by automakers. This article focuses on the automakers that produce both new energy vehicles (NEV) and fuel vehicles (FV). The anticipation of consumer regret under dual-credit policies significantly impacts automakers’ production decisions. Regardless of whether the impact of anticipated regret on firms’ profits is positive or negative, the magnitude of that impact tends to be higher for the low-quality firm. Therefore, anticipated regret may sometimes create a win-win or a lose-lose situation for both firms. Our analyses reveal that the presence of anticipated regret can increase or decrease firms’ profits, and foster or hinder product innovation depending on whether it makes the consumer segments more or less polarized in other words, anticipated regret has a nonmonotonic effect on firms’ profits and the entrant’s optimal quality. Given the trend that firms in various markets invoke regret to stimulate sales, this paper analytically explores whether and how anticipated regret affects competing firms’ profits and product innovation. That is, a consumer’s anticipated regret can significantly impact his purchase decision.
It has been experimentally shown that consumers may anticipate their potential postpurchase regret and make their current choices to mitigate or minimize it. Their purchase decisions made under such uncertainty may lead to postpurchase regret. And if it wasn’t your directive, why is Howard A.When a firm introduces a product with new features, some consumers may find it difficult to assess their valuations for these new attributes. New York State has the highest death rate, due to your directive from DOH. What you should regret, Governor, is sending COVID-19 patients back to nursing homes. Cuomo regrets not mandating masks for New Yorkers sooner. What’s Really Going on With the US Postal Service.įact Check: Debunking 10 Myths About the US Postal Service. As the queen of Chicago noted, “I have a right to make sure my home is secure.” Unbelievable!! It just proves the arrogance of the progressive left they deserve special treatment, while we are peons who do not deserve what they do for themselves. When Half of NYC’s Tax Base Leaves and Never Comes Back.Īnd it isn’t only NYC that has financial problems: Buffalo finances among worst in US.įrom Campus Review: Duke prof proposes $12 trillion in reparations….$800k per eligible Black household.Īnyone surprised by this? ‘Fort Lori’: Chicago police ban protests on Mayor Lori Lightfoot’s block, order arrests for anyone who won’t leave. President Trump Shredded Obama’s Entire DNC Speech with One Tweet.Īndrew Cuomo’s DNC Speech Was a Travesty of Errors.ĭemocrats stay silent on violence in their cities: Devine.Īny doubt that New York City has a mass exodus on its hands? You won’t after reading this article: Movers in N.Y.C. Democrats riding high heading into home stretch - just like in 2016.
Unfortunately, many democrats refuse to acknowledge the obvious decline. Have you seen this Trump Campaign ad? It really is alarming to see the decline in Joe Biden over the last 4 years. We are also concerned that we blocked from seeing what others are Tweeting about and therefore cannot respond to political statements from the right or left. Why did Twitter silence a NY voice? (This is a Newsday column and a subscription is required.) Everyone should be concerned that we have been silenced on Twitter.
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