Showing 1 - 10 of 58
taste information in the presence of competition between the retailer's store brand and a manufacturer's national brand. In … popularity of different product features, the vertical differentiation between the two brands, and the cost of store brand … introduction. This interaction is most striking when the store brand introduction is not very costly. In this case, if one of the …
Persistent link: https://www.econbiz.de/10011590708
competition between the retailers store brand (SB) and a manufacturers national brand (NB). In our model, there is ex …
Persistent link: https://www.econbiz.de/10011775701
Persistent link: https://www.econbiz.de/10001697171
Persistent link: https://www.econbiz.de/10001939834
Persistent link: https://www.econbiz.de/10001546844
Persistent link: https://www.econbiz.de/10000987157
We study the optimal pricing problem of a firm facing customers with limited attention and capability to process information about the value (quality) of the offered products. We model customer choice based on the theory of rational inattention in the economics literature, which enables us to...
Persistent link: https://www.econbiz.de/10011436114
Consumers often do not have complete information about the choices they face and therefore have to spend time and effort in acquiring information. Since information acquisition is costly, consumers have to trade-off the value of better information against its cost, and make their final choices...
Persistent link: https://www.econbiz.de/10011547820
Consumers often do not have complete information about the choices they face and therefore have to spend time and effort in acquiring information. Since information acquisition is costly, consumers have to trade-off the value of better information against its cost, and make their final choices...
Persistent link: https://www.econbiz.de/10011523814
We study the optimal pricing problem of a firm facing customers with limited attention and capability to process information about the value (quality) of the offered products. We model customer choice based on the theory of rational inattention in the economics literature, which enables us to...
Persistent link: https://www.econbiz.de/10011586627