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Most pricing studies assume that firms have complete information about demand. In practice, managers must make decisions, given incomplete information about the demand for their own products as well as those of their rivals. This paper develops a duopoly pricing model in which firms market...
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Purpose – The main purpose of this paper is to provide an analytical conceptual framework to help business marketers to identify the effect of consumer's online purchase cost on a firm's performance in a dual‐channel competitive market. Design/methodology/approach – A structural model...
Persistent link: https://www.econbiz.de/10014946175
There are situations in which competitors ally to pursue a common objective. This simultaneous presence of cooperation … contest and that competitiveness explains part of the behavior with the inverse proportional rule but not with the egalitarian …
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