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Should brand firms always take pioneering position?

Pan, Cong - 2015

This paper discusses brand firms' endogenous timing problem when facing nonbrand firms under quantity competition. We … study a market comprising brand and nonbrand products. There exist heterogeneous consumer groups-one group buys only brand … products while the other one cares little about the brand. These two consumer groups constitute the high- and low-end markets …

Persistent link: https://www.econbiz.de/10010528914

Technology transfer in the market with heterogeneous consumers

Yoshida, Shohei; Pan, Cong - 2015

The paper explains why some firms transfer their technology to competitors without direct compensation. We consider a Hotelling market where duopolists sell products with different qualities. This market consists of heterogeneous consumers, comprising two groups in terms of their valuations of...

Persistent link: https://www.econbiz.de/10011407573

Personalized pricing with heterogeneous mismatch costs

Matsushima, Noriaki; Mizuno, Tomomichi; Pan, Cong - 2022

Personalized pricing has become a reality through digitization. We examine firms' incentives to adopt one of the three pricing schemes: uniform, personalized, or group pricing in a Hotelling duopoly model. There are two types of consumer groups that are heterogeneous in their mismatch costs. We...

Persistent link: https://www.econbiz.de/10013329509