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This paper studies a competitive Hotelling-style market with two symmetric banks that decide the pricing and location of their automated teller machines (ATMs). Two different systems are considered: An unregulated model wherein banks are allowed to set surcharges, and a regulated model in which...
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Used goods markets are currently important transaction channels for durable products. For some durable products, such markets first appeared when retailers started buying back used products from “old” customers and selling them to new ones for a profit (). The growth of electronic...
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Firms constantly invest in improving product quality with innovative technologies. However, the out-come of research into innovative technology can be inconsistent. This paper investigates how a firm should choose between a mature technology and an innovative technology in upgrading an existing...
Persistent link: https://www.econbiz.de/10012849158
Traditionally, outlet stores were situated away from main stores in order to provide older, less desirable products at discounted prices. More recently, some firms have featured an outlet-within-a-store concept and offer consumers the experience of outlet shopping at the same location. With an...
Persistent link: https://www.econbiz.de/10012898080
Chapter 1. Estimating Demand with Constrained Data and Product Substitutions -- Chapter 2. Selling Innovative Products to Anxious Consumers -- Chapter 3. Buyer Valuation Uncertainty and Firm Information Provision Strategies -- Chapter 4. Optimizing Promotions for Multiple Items in Supermarkets...
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Many durable products with relatively short selling seasons have been using returns policies between manufacturers and retailers as the contractual protocol for quite some time. More recently, these sectors have witnessed the emergence of peer-to-peer (P2P) web-based used goods markets as...
Persistent link: https://www.econbiz.de/10014187732