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If duopolistic firms can choose their strategy variable, uncertainty about demand conditions and the degree of substitutability have countervailing effects on variable choice. High uncertainty favors prices, while close substitutability favors quantities. For intermediate values, a hybrid...
Persistent link: https://www.econbiz.de/10010294649
The adoption of social networks introduced a new set of components to the e-commerce environment, which are called social commerce components (SCCs) (e.g., forums and communities, rating and reviews and social recommendations). Although various SCCs have transformed customer behaviors and...
Persistent link: https://www.econbiz.de/10012049048
In the literature investigating the impact of uncertainty on short-run and long-run investment, most authors have used a log linear profit function. This functional form has been generally considered a reasonable approximation for more general ones and has the advantage of providing closed form...
Persistent link: https://www.econbiz.de/10010328689
This research mainly aims to provide a practical method to (1) rank a firm's customers, (2) determine the implied uncertainty for customers' demand, and (3) allocate supply chain (SC) resources for meeting customer demands in an equitable manner in order to provide them with an...
Persistent link: https://www.econbiz.de/10012662826
This paper analyzes a duopoly model with stochastic demand in which firms first choose their strategy variable and compete afterwards. Contrary to the existing literature, we show that firms do not always choose a quantity which is the variable that induces a smaller degree of competition. The...
Persistent link: https://www.econbiz.de/10010427484
This paper analyzes a duopoly model with stochastic demand in which firms first choose their strategy variable and compete afterwards. Contrary to the existing literature, we show that firms do not always choose a quantity which is the variable that induces a smaller degree of competition. The...
Persistent link: https://www.econbiz.de/10003470531
Persistent link: https://www.econbiz.de/10011526851
Persistent link: https://www.econbiz.de/10010474307
In the literature investigating the impact of uncertainty on short-run and long-run investment, most authors have used a log linear profit function. This functional form has been generally considered a reasonable approximation for more general ones and has the advantage of providing closed form...
Persistent link: https://www.econbiz.de/10010189451
Persistent link: https://www.econbiz.de/10011655490