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Choosing whether to compete : price and format competition with consumer confusion

Crosetto, Paolo; Gaudeul, Alexia - 2014

offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …

Persistent link: https://www.econbiz.de/10010433911

Pricing Under Dynamic Competition When Loyal Consumers Stockpile

Gangwar, Manish - 2020

competition under duopoly and derive the Markov Perfect Equilibrium pricing strategies.Contrary to intuition we find that …

Persistent link: https://www.econbiz.de/10012856272

Perishable Good Dynamic Pricing Under Competition : An Empirical Study in the Airline Markets

Chen, Nan - 2019

Dynamic pricing is increasingly popular in the perishable good markets, but its effect under competition is uncertain … intensifies competition and benefits consumers substantially; (ii) the ability to price discriminate softens competition and …

Persistent link: https://www.econbiz.de/10012898558

Pricing in asymmetric two-sided markets : a laboratory experiment

Weghake, Jens; Erlei, Mathias; Keser, Claudia; Schmidt, … - 2018 - Version: April 2018

We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two specific research questions: Do participants charge the equilibrium prices that can be derived from a theoretical model? How is the price setting affected by the characteristics...

Persistent link: https://www.econbiz.de/10011825236

Excessive Competition for Headline Prices

Inderst, Roman - 2016

Bordalo et al. (2013), this can have severe welfare implications. The ensuing excessive competition for headline prices tends … into lower headline prices, which aggravates the problem, competition policy is no substitute for consumer protection …

Persistent link: https://www.econbiz.de/10012992314

Multi-Product Price and Assortment Competition

Federgruen, Awi - 2014

We address a generic price competition model in an industry with an arbitrary number of competitors, each offering all … offered on the market.We characterize the equilibrium prices, product assortment and sales volumes in the price competition …

Persistent link: https://www.econbiz.de/10013061794

Competition in pricing algorithms

Brown, Zach Y.; MacKay, Alexander - 2019

pricing algorithms that allow for high-frequency price changes. What are the implications for price competition? We develop a … model of price competition where firms can differ in pricing frequency and choose algorithms that autonomously react to …

Persistent link: https://www.econbiz.de/10012175360

Effects of Algorithmic Pricing on Platform Competition

Sánchez-Cartas, J. Manuel; Katsamakas, Evangelos - 2022

effects and platforms. Moreover, platform competition literature has not considered how algorithms may affect competition …. This paper considers algorithmic platform pricing and its effect on platform competition outcomes. We evaluate the impact …

Persistent link: https://www.econbiz.de/10013296567

Choosing Whether to Compete : Price and Format Competition with Consumer Confusion

Crosetto, Paolo - 2014

firms cannot monitor the competition, having more savvy consumers leads firms to present comparable offers. This results in …

Persistent link: https://www.econbiz.de/10013044590

Bundling and Competition for Slots : Sequential Pricing

Jeon, Doh-Shin - 2009

In this paper we study, as in Jeon-Menicucci (2009), competition between sellers when each of them sells a portfolio of …

Persistent link: https://www.econbiz.de/10013155785