heterogeneity of quality preferences. Two pricing strategies are studied: a static price and a single price change. Properties of … to analyze the social learning mechanism and its effect on the seller's pricing decision. This analysis borrows from the … literature on social learning and on pricing and revenue management. Consumers follow a naive decision rule and, under some …

Abstract I model dynamic product design along price and non-price dimensions by a firm in a market with positive … unique and show that the introductory price is negative and therefore below the positive SS price. Moreover, SS price … increases with the size of demand frictions and is therefore higher than in a static model. A welfare maximizer's SS price is …

oligopoly models of price competition, greatly simplifying the analysis of this otherwise complex competitive scenario. Notably …, we find that when costs in the original game are convex, the resulting equivalent pricing game also has convex costs …. Further, for a broad class of models exhibiting constant returns to investment, the resulting pricing game is equivalent to a …

We analyze the behavior of start-ups in e-commerce, namely on Austria's leading price-comparison-site, a multi …-product environment with almost complete information. We use weekly panel data on price-quotes of digicams, Audio/HiFi-equipment and …

. Two pricing policies are studied: a static price, and one with a single price change. Finally, numerical experiments … to analyze the social learning mechanism and its effect on the seller's pricing decision. Consumers follow an intuitive … of this learning process, its dependence on the price, and the market heterogeneity with respect to quality preferences …

strategies like “skimming” or “penetration pricing” with beta launches. This analysis is done for products of branded and … pricing and advertising on the beta launch strategy. …

This paper links empirical literature on the use of price as an entry deterring mechanism with literature on the effect … incumbent cable TV firms use price to deter entry by telecom overbuilders as well as cities with municipal utilities. There is … evidence that incumbents use price to deter cable overbuilders. In addition to linking entry deterrence with multi …