Why firms should care for customers

Adopting the indirect evolutionary approach, we show that it might be beneficial for firms on a heterogeneous market not only to care for their profits but also for their respective customers' welfare.

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Year of publication:	2000
Authors:	Königstein, Manfred ; Müller, Wieland
Publisher:	Berlin : Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes
Subject:	evolutionary stability \| customer orientation \| heterogenous market \| duopoly

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Series:	SFB 373 Discussion Paper ; 2000,102
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	723879486 [GVK] hdl:10419/62241 [Handle] RePEc:zbw:sfb373:2000102 [RePEc]
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection
Source:	EconStor

Persistent link: https://www.econbiz.de/10010310256