This paper studies how to endogenously assess the value of a ldquo;superiorrdquo; advertising position within the price competition and examines the resulting location competition outcomes and price dispersion patterns. We consider a game-theoretic model in which firms compete for advertising...

We set up a game-theoretic model to examine the oligopolistic price competition, considering two features of online search: the existence of a common search ordering and shoppers who have non-positive search cost. We find that in equilibrium firms set their prices probabilistically rather than...

This research studies the price competition between a Software-as-a-Service (SaaS) vendor, who adopts subscription-based pricing scheme, and an on-premises vendor, who uses perpetual license scheme. The SaaS vendor decides its subscription price, and the on-premises software vendor decides the...

This research studies the price competition between a Software as a Service (SaaS) vendor, who adopts a subscription-based pricing scheme, and an on-premises vendor, who uses a perpetual license scheme. The SaaS vendor decides its subscription price, and the on-premises software vendor decides...