Showing 1 - 10 of 117
costs) and predicted that PPU, when arising as a di fferentiation to selling in equilibrium, fundamentally achieves lower … profi ts than selling. We extend the theory by covering goods with any production cost, in duopolistic competition. We show … that PPU business models can be more pro table than selling (especially at mid-range production costs), as long as their …
Persistent link: https://www.econbiz.de/10013243264
the pricing decision of a regretful seller and find that, although regret leads the seller to set a price that is lower …In this paper, we study a regretful seller’s problem of selling a fixed number of goods over a finite and known time … horizon. The seller engages in counterfactual thinking to compare her selected price with other forgone alternatives. If a …
Persistent link: https://www.econbiz.de/10013235251
This paper develops a model and an associated estimation procedure to forecast and control the rate of sales for a new product. A repeat-purchase diffusion model is developed, incorporating the effect of marketing variables---detailing force effects in particular---as well as a word-of-mouth...
Persistent link: https://www.econbiz.de/10009197682
Is the right amount of effort exerted in multiperson tournaments where contestants have two different levels of initial endowments (termed "favorites" and "underdogs")? We develop theoretical predictions for the level of effort and the effect of varying the prize structure. We test these...
Persistent link: https://www.econbiz.de/10009197627
this area has argued that in a monopolistic environment, leasing dominates selling. Hence, leasing and selling should not … leasing and selling hinges on the rates at which leased and sold units depreciate. In particular, we find that leasing does … not dominate selling in all cases; if sold units depreciate at a significantly higher rate than leased units, a …
Persistent link: https://www.econbiz.de/10009189601
It is commonly believed that piracy of information goods leads to lower profits, which translate to lower incentives to invest in innovation and eventually to lower-quality products. Manufacturers, policy makers, and researchers all claim that inadequate piracy enforcement efforts translate to...
Persistent link: https://www.econbiz.de/10010990428
We address the value of quick response production practices when selling to a forward-looking consumer population with …
Persistent link: https://www.econbiz.de/10010990465
challenges in making optimal pricing and production decisions. Such firms are confronted with precipitous trade-off between high … of conspicuous consumption. In this paper, we propose a model that addresses pricing and production decisions for a firm …
Persistent link: https://www.econbiz.de/10010990501
importance/informativeness of each attribute. We discuss optimal pricing, the impact of consumer search on profits and social … welfare, and how the seller chooses its price to strategically affect the extent of the consumers' search behavior. We show …
Persistent link: https://www.econbiz.de/10010990569
actual upgrade decision, they are more likely to revert to modular upgrades. Finally, we discuss and test several pricing and …
Persistent link: https://www.econbiz.de/10010990570