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durability and pricing decisions, under both selling and leasing scenarios. We show that compared to selling, leasing provides a …
Persistent link: https://www.econbiz.de/10010776924
We study a competition of product customization between two branded firms by a game-theoretic approach. Firms produce products with two attributes: one attribute indicates a characteristic with regard to “function” or “design” of a product and the other indicates “taste” or...
Persistent link: https://www.econbiz.de/10011052633
Recent press has highlighted the environmental benefits associated with online shopping, such as emissions savings from individual drivers, economies of scale in package delivery, and decreased inventories. We formulate a dual channel model for a retailer who has access to both online and...
Persistent link: https://www.econbiz.de/10010906805
this changing environment. In this paper, we study the channel-choice, pricing and ordering/production decisions of the …-choice and pricing strategy. When the supplier adopts a dual-channel strategy, the equilibrium contract price decreases in the …
Persistent link: https://www.econbiz.de/10010906819
We present an information good pricing model with persistently heterogeneous consumers and a rising marginal propensity … for them to pirate. The dynamic pricing problem faced by a legal seller is solved using a flexible numerical procedure … with demand discretisation and sales tracking. Three offsetting pricing mechanisms occur: skimming, compressing price …
Persistent link: https://www.econbiz.de/10010939773
Many service providers, such as restaurants, are selling their gift cards through independent retailers. We analyze a supply chain of a service provider who sells products and gift cards at face value at its locations. The service provider also sells its gift cards through a retailer. Consumers...
Persistent link: https://www.econbiz.de/10011209360
transportation cost on the retailer’s optimal lot sizing and pricing decisions. We find that free shipping can benefit the supplier …
Persistent link: https://www.econbiz.de/10010871153
A commonly observed two-stage pricing strategy for a custom-made product involves a pre-purchase entry fee for a … production cost is low, the commitment solution benefits both the firm and the consumer. …
Persistent link: https://www.econbiz.de/10010871193
retailers decide of pricing and marketing efforts simultaneously. This paper evaluates this central assumption and investigates … the optimal periodicity (sequence of move) of pricing and marketing efforts (ME) decisions for a distribution channel. We … develop a game theoretic model that accounts for pricing at each level of the channel, for the manufacturer’s ME mix …
Persistent link: https://www.econbiz.de/10010871274
This work considers the equilibrium approach of asset pricing for Lévy process. It derives the equity premium and … pricing kernel analytically for the stock price process, obtains an equilibrium option pricing formula, and explains some … equilibrium pricing under jump diffusion models, this work models the underlying asset price as the exponential of a Lévy process …
Persistent link: https://www.econbiz.de/10010871283