Showing 1 - 10 of 32,431
L’objectif de cet article est de montrer que les entreprises optent pour l’agglomération temporelle (en entrant sur un … marché au même moment que leurs concurrents) lorsque l’incertitude concernant le succès de leurs produits est … particulièrement importante. En effet, l’analyse des majors hollywoodiennes de 2000 à 2006 montre que ces entreprises limitent l’incertitude …
Persistent link: https://www.econbiz.de/10008671474
Research on the launch of new products in the international realm is scarce. The present paper is the first to document how launch window (difference in months between the first worldwide launch and the subsequent launch in a specific country) and launch price are interrelated and how regulation...
Persistent link: https://www.econbiz.de/10010731348
Previous research has considered extensively the causes and effects of market entry order and timing. It has neglected, however, the timeliness of such entry — the degree to which a firm delivered a new product on the date it had set for its release. In this article, we begin to fill the need...
Persistent link: https://www.econbiz.de/10010837650
Although economically very important, local-service sectors have received little attention in the extensive literature on competitive interactions. Detailed data gathering in these sectors is hard, not only because of the multitude of local players, but also because key service dimensions are...
Persistent link: https://www.econbiz.de/10010731532
We study a model of film production, distribution and consumption. The studio can release two goods, a theatrical and a video version, and has to decide on its versioning and sequencing strategy. In contrast with the previous literature, we allow for the possibility that consumers watch both...
Persistent link: https://www.econbiz.de/10008854538
This paper analyzes the competition between two spatially differentiated multi-product retailers who encounter entry from a dominant discount retailer. Our primary objective is to determine how entry affects the pricing and relative profits of the incumbent stores and the role played by the...
Persistent link: https://www.econbiz.de/10005749396
objectives be set in a poorly predictable context? How should a fair year-end evaluation be performed when uncertainty has … Environmental Uncertainty (PEU) has been examined in many empirical studies. However, two decades of literature on the RAPM …' perceptions relating to RAPM, and to uncertainty. <p> Our results highlight an important practical and theoretical distinction …
Persistent link: https://www.econbiz.de/10005011627
We propose a framework for analyzing transformations of demand. Such transformations frequently stem from changes in the dispersion of consumers` valuations, which lead to rotations of the demand curve. In a wide variety of settings, profits are a U-shaped function of dispersion. A high level of...
Persistent link: https://www.econbiz.de/10005090674
pay for continued search and the level of price uncertainty depends on her risk preferences. Independent of the current … best price, an increase in price uncertainty encourages continued search when consumers are risk neutral. However, we prove … uncertainty only increases the consumer's willingness to pay (WTP) for continued search if the current best price is sufficiently …
Persistent link: https://www.econbiz.de/10011520488
demand uncertainty, which enables a better screening of positive NPV projects. Entrepreneurial moral hazard threatens this …
Persistent link: https://www.econbiz.de/10011309652