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Persistent link: https://www.econbiz.de/10011669534
Competing technologies in emerging industries create uncertainties that can discourage supplier investments. Open technology may induce supplier investments, but may also lead to intensified future competition. In this paper, we study competing manufacturers' open-technology strategies. We show...
Persistent link: https://www.econbiz.de/10013004248
Dynamic pricing is often complicated by strategic customer behavior. One tactic utilized by retailers to counter strategic customer behavior is to adjust prices in an unpredictable manner. This phenomenon has been studied in the Markovian pricing literature in single-retailer settings. In this...
Persistent link: https://www.econbiz.de/10014255749