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their customers for using them. Merchants who face any competition accept debit card payments relatively more often than … merchants with monopoly power, and they are less likely to surcharge their customers for debit card usage. Intense competition …
Persistent link: https://www.econbiz.de/10014619184
generation product entry decision of the Defender, as well as the pricing decisions of both firms, are analyzed. Analytical … results are derived by developing a 3-period pricing game, and studying closed-loop policies for a Nash equilibrium. These …. Some empirical support for our analytical results is also provided by pricing data and information on the timing of …
Persistent link: https://www.econbiz.de/10014619477
, setting objectives for international pricing, key questions to ask in international pricing, and the threat of competition in … international pricing. The article also discusses how to meet competition in international markets.  …Pricing is an important issue in international marketing. In this article the author discusses the concept of price …
Persistent link: https://www.econbiz.de/10014722945
In most highly competitive markets, the use of certain strategic and tactical pricing practices is a key factor in … prerequisite for control of price levels. The purchase of market share by investment, rather than competition, emerges as the …
Persistent link: https://www.econbiz.de/10014933514
option market and its relationship with moneyness (called the volatility smile). Its goal is also to ascertain the … strike prices using alternative measures of moneyness. Furthermore, it was found that the IV of lower strike prices was … for different definitions of moneyness, as well as option types, the tenure of options contracts and the different phases …
Persistent link: https://www.econbiz.de/10014840158
nature of implied volatility across strike price, time-to-expiration and moneyness violates the core assumption of the Black …–Scholes option pricing model. Design/methodology/approach – The potential determinants of implied volatility are the degree of … moneyness, time-to-expiration and the liquidity of the strikes. The empirical work has been expressed by means of a simple …
Persistent link: https://www.econbiz.de/10014875197
Reveals that, in marketing strategy, non‐price aspects are more important to the manufacturer than pricing. Examines … market and the importance of pricing.  …
Persistent link: https://www.econbiz.de/10014725417
In this article we analyze price discounts and fixed price offers in terms of their comparative impact on consumer valuation of products. Using a model of consumer valuation, we explore the interaction between the negative quality effect and the positive monetary sacrifice effect associated with...
Persistent link: https://www.econbiz.de/10014895713
subjective theory of value. In this article Menger's analysis of competition is examined and it is suggested that he understood … competition as a dynamic process. All elements of the modern process-oriented analysis of competition along evolutionary lines are … contained in his work: the emphasis of the process and not of the end-state to which competition might lead, the variety of …
Persistent link: https://www.econbiz.de/10014608736
Two” has triggered both in the USA and Europe, competition law concerns and placed the (as yet little economically … conditions of the credit card market, and presents results from competition law discourse in a broader economic framework. The … crucial question from the competition law perspective of the market dominance of the “Big Two” is analyzed for European …
Persistent link: https://www.econbiz.de/10014608980