This research studies the price competition between a Software-as-a-Service (SaaS) vendor, who adopts subscription-based pricing scheme, and an on-premises vendor, who uses perpetual license scheme. The SaaS vendor decides its subscription price, and the on-premises software vendor decides the...

In this paper, we analyze the profitability of selling and leasing models by considering both software upgrades and different price discrimination strategies. We construct a two-period model to study software upgrades, consumers' inter-temporal purchase behavior, and the price discrimination...

The advancement of IT has made it easy to communicate the online review information of a product and its previous sales volume information, both of which affect consumer purchase. How should firms react to the coexistence of these two types of information? Should the firms reduce their prices...

A global renminbi needs to be backed by a large, deep and liquid renminbi bond market with a world-class Chinese government bond (CGB) market as its core. China's CGB market is the seventh largest in the world while sitting alongside a huge but non-tradable and captive central bank liability in...

A global renminbi needs to be backed by a large, deep and liquid renminbi bond market with a world-class Chinese government bond (CGB) market as its core. China’s CGB market is the seventh largest in the world while sitting alongside a huge but non-tradable and captive central bank liability...