We show that returns policies do increase manufacturer profitability by attenuating price competition between retailers … returns policies serve both to dampen competition and resolve demand uncertainty. …

determined. Generally, customer acquisition is deterministic while pricing is randomized. The equilibrium outcome depends on the … timing of customer acquisition relative to pricing. If sellers acquire customers before setting prices, the unique …

In this study, the interaction between the competition-cooperation nexus and regulation in retail payment systems is …

important subgroup is convertibles linked to a price index or exchange rate. In this paper we extend the convertible pricing … establish upper and lower bounds for the price of the indexed convertible. We approximate the pricing equations by using …, we demonstrate the usefulnes and the limitations of the pricing model by using convertible traded on the Tel- Aviv stock …

stable and higher income by periodical fees for covering high fix running costs as well. The biggest opportunity for current … bundles generate a strong competition advantage in such a though competition market with easy- copied products as retail …

in search costs and switching costs increase the intensity of competition. The limited evidence that exists paints a more … competition. Where firms have some market power, as in the market for information goods, we expect discriminatory pricing to … lower production costs of online retailers encourages new entry in previously concentrated sectors, and a marked reduction …