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We analyze a duopoly through a differential game, in which the players set prices as functions of time. Under reasonable assumptions, we find that prices first decline, then increase. The market share of the biggest firm grows initially but decreases later. It is demonstrated that a firm may...
Persistent link: https://www.econbiz.de/10009214052
data set of over 8,500 price observations collected over a period of 15 months, we compare pricing behavior at 41 Internet … heavily branded retailers. We conclude that while there is lower friction in many dimensions of Internet competition, branding …
Persistent link: https://www.econbiz.de/10009214535
study competition between a multiproduct generalist firm and two single-product specialist firms in two product categories … customers. Finally, we note that under other market conditions, concurrent bundling by competitors escalates price competition …
Persistent link: https://www.econbiz.de/10009218355
take the outcomes of the subsequent post-entry (Cournot) competition into account in making their entry decisions. We …
Persistent link: https://www.econbiz.de/10009204324
the growing literature of channel competition by analyzing three channel structures, the least constrained of which deals …
Persistent link: https://www.econbiz.de/10009204503
The entry of a new product (attacker) into a competitive market is likely to provoke responses from some or all of the existing products (defenders). This paper investigates the development of optimal defensive strategies based on an understanding of the possible reactions of all the defenders...
Persistent link: https://www.econbiz.de/10009191502
We model a situation in which two retailers consider launching an "Advance Booking Discount" (ABD) program. In this program, customers are enticed to precommit their orders at a discount price prior to the regular selling season. However, these precommitted orders are filled during the selling...
Persistent link: https://www.econbiz.de/10009191839
realization of uncertainty. We show how competition, uncertainty, and the timing of operational decisions influence the strategic …-post pricing before production postponement reengineering. While more postponement increases firm value, it is counterintuitive … oligopolistic and perfect competition for which pure equilibria are derived. Interestingly, the relative value of operational …
Persistent link: https://www.econbiz.de/10009198232
Assigning products to and retrieving them from proper storage locations are crucial decisions in minimizing the operating cost of a unit-load warehouse. The problem becomes intractable when the warehouse faces variable supply and uncertain demand in a multiperiod setting. We assume a...
Persistent link: https://www.econbiz.de/10010990519
and represented as a point on a transportation network. The problem addressed is to determine an equilibrium price in each … region so that regional price differences do not exceed unit transportation costs, and when trade takes place between two … regions, prices differ by the associated transportation cost. The problem has several quadratic programming formulations. We …
Persistent link: https://www.econbiz.de/10009209167