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We use data on the e-retail business of TMall to consider scalable forecasting and revenuemanagement (RM) for thousands of items. We use forecasts that depend on the novel concept of asymmetric formation of RPs. The related literature studies RPs empirically and theoretically but ignores...
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seller competes with a traditional seller. Finally, we endogenize the market structure and let sellers choose their pricing … pricing. We discuss the implications of these results for the use of PWYW as a marketing strategy. …
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seller competes with a traditional seller. Finally, we endogenize the market structure and let sellers choose their pricing … PWYW pricing strategy. We discuss the implications of these results for the use of PWYW as a marketing strategy. …
Persistent link: https://www.econbiz.de/10010431266
's type. The firms' pricing strategy in period 1 must take into account the buyers' incentive to wait and learn from the other …
Persistent link: https://www.econbiz.de/10010381472
seller competes with a traditional seller. Finally, we endogenize the market structure and let sellers choose their pricing … pricing. We discuss the implications of these results for the use of PWYW as a marketing strategy. …
Persistent link: https://www.econbiz.de/10009720589