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This paper studies probabilistic selling with vertically differentiated products when firms compete and consumers anticipate the potential post-purchase regret raised by possibly obtaining the inferior products. Intuitively, anticipated regret hurts the attractiveness of probabilistic selling....
Persistent link: https://www.econbiz.de/10012981806
We study a duopoly vertical competition in which one firm sells a transparent product and the other sells an uncertain product that may induce consumer feelings. We identify a neutrality condition under which those feelings do not affect either firm’s profit, but this neutrality can be broken....
Persistent link: https://www.econbiz.de/10014091124
Using the classical sequential search framework by Anderson and Renault (1999), this paper lets consumers search partially and shows that (1) consumers optimally search products at a partial depth when search cost is large, and (2) due to partial depth, firms’ prices and consumer surplus are...
Persistent link: https://www.econbiz.de/10013298044
Using the classical sequential search framework by Anderson and Renault (1999), this paper lets consumers search partially and shows that (1) consumers optimally search products at a partial depth when search cost is large, and (2) due to partial depth, firms’ prices and consumer surplus are...
Persistent link: https://www.econbiz.de/10013298046
Urea is one of the leading products produced by protein degradation in human body. The levels of urea could be used as an important indicator of health status and renal disease. Thus, portable, rapid, and convenient point-of-care testing systems are highly in demand. Herein,...
Persistent link: https://www.econbiz.de/10013302862
Two-dimensional nanoporous membranes are promising materials for seawater desalination. However, the effect of nanopore charge properties on desalination performance, especially on water permeability, has not yet been systematically investigated. In this work, molecular dynamics simulations were...
Persistent link: https://www.econbiz.de/10013303054