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Digital media goods and digital media platforms exhibit cost structures and network effects that imply that price and quantity effects of consumption taxes are qualitatively different compared to what we typically find for physical goods. For instance, in most European countries and US states,...
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This paper investigates the impact of restrictive TBTs on firms' extensive margins (export participation and exit probability), intensive margins (export value) and pricing strategy (export price). To this end, product-level restrictive TBTs and firm-level export are combined and an...
Persistent link: https://www.econbiz.de/10012312278
A modern effective business model involves the use of an appropriate pricing strategy. However, what matters is not only short-term profitability but also the long-term loyalty of clients. The main purpose of this paper is to present a specific transactional pricing strategy for a second-hand...
Persistent link: https://www.econbiz.de/10012264532
Purpose: This paper mainly focuses on the application of adversarial risk analysis (ARA) in the pricing strategy with remanufacturing. We hope to obtain more realistic results than classical model. In fact, the classical Stackelberg model believes that since OEMs are the monopoly position, they...
Persistent link: https://www.econbiz.de/10011913790
Tacit knowledge (TK) is a core value element important for obtaining a competitive edge for Customer Relationship Management (CRM). CRM is recognized of high value for integrating knowledge in marketing function. The focus on explicit knowledge so far has resulted in neglecting the importance of...
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This paper studies the pricing strategy in the closed-loop supply chain with Nash bargaining when considering fairness concerns and risk aversion. Mainly, the authors argue that behavioral factors (i.e., fairness concern and risk aversion) should be introduced into pricing process. They consider...
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