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In practice, managers often face a trade-off of choosing between committed and contingent pricing under cost uncertainty because contingent pricing may increase the firm’s profit but may decrease consumer surplus and market share. This article compares the two pricing strategies under cost...
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Driven by increasing costs in the traditionally-regarded low-cost manufacturing bases (e.g., China), many firms have … started to outsource their production to the regions of even lower costs (e.g., Southeast Asia). However, a new environment … mitigate cost uncertainty or better cost estimation. Third, higher competition intensity leads the diversified sourcing …
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How does demand uncertainty affect entry into skill-based competition? I investigate this question in a market entry …
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