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Two manufacturers produce substitutable goods for a homogeneous market. The advertising efforts of the two manufacturers determine the demand for the goods and interfere negatively with each other. The demand of each good is a piecewise linear function of the product goodwill, and the latter is...
Persistent link: https://www.econbiz.de/10010574139
discussed in the industrial economics, the marketing and the operations research literature. However, studies considering … sharing via a revenue sharing rate and marketing effort participation rates on both manufacturer and retailer level. Some …’s participation of at least 50% in the manufacturer’s cost of marketing effort. Moreover, the elimination of double marginalisation is …
Persistent link: https://www.econbiz.de/10010577599
We study the signalling strategy of a principal who is privately informed about its high demand potential to an uninformed risk-neutral agent. We analyze the model in the context of a contract between a franchisor and a franchisee. We examine the distortions of a two-part pricing scheme...
Persistent link: https://www.econbiz.de/10009197518
results, and their implications for marketing practitioners as well as future research, are discussed. …
Persistent link: https://www.econbiz.de/10009198228
Economists have long recognized that in free markets, incentives to innovate will be diluted unless some factors grant innovators with a temporary monopoly. Patenting is the most cited factor in the economic literature. This survey concentrates on another factor that confers innovators with...
Persistent link: https://www.econbiz.de/10009132167
Why are salespeople in certain industries (such as cars and mattresses) aggressive, while their counterparts in other industries (such as luxury boutiques) relatively customer-oriented? Using a principal-agent-customer model, this paper demonstrates that the level of salesperson aggressiveness...
Persistent link: https://www.econbiz.de/10011155068
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In general most nature-based recreational goods and benefits are considered positive externalities of production, as they are usually not subject to trade. So far, a low degree of rivalry among most user groups and legally defined rights has secured these benefits as almost a public good. Yet,...
Persistent link: https://www.econbiz.de/10011200858
"More and more leaders in the last few years have challenged their own pricing models, invested in price optimization, and confronted disruptive event after disruptive event, from the pandemic to inflation to supply chain constraints. But without an overarching pricing strategy ? and the...
Persistent link: https://www.econbiz.de/10014318881