Showing 1 - 10 of 159
The entry of a new product (attacker) into a competitive market is likely to provoke responses from some or all of the existing products (defenders). This paper investigates the development of optimal defensive strategies based on an understanding of the possible reactions of all the defenders...
Persistent link: https://www.econbiz.de/10009191502
We model a situation in which two retailers consider launching an "Advance Booking Discount" (ABD) program. In this program, customers are enticed to precommit their orders at a discount price prior to the regular selling season. However, these precommitted orders are filled during the selling...
Persistent link: https://www.econbiz.de/10009191839
realization of uncertainty. We show how competition, uncertainty, and the timing of operational decisions influence the strategic …-post pricing before production postponement reengineering. While more postponement increases firm value, it is counterintuitive … oligopolistic and perfect competition for which pure equilibria are derived. Interestingly, the relative value of operational …
Persistent link: https://www.econbiz.de/10009198232
take the outcomes of the subsequent post-entry (Cournot) competition into account in making their entry decisions. We …
Persistent link: https://www.econbiz.de/10009204324
the growing literature of channel competition by analyzing three channel structures, the least constrained of which deals …
Persistent link: https://www.econbiz.de/10009204503
We analyze a duopoly through a differential game, in which the players set prices as functions of time. Under reasonable assumptions, we find that prices first decline, then increase. The market share of the biggest firm grows initially but decreases later. It is demonstrated that a firm may...
Persistent link: https://www.econbiz.de/10009214052
data set of over 8,500 price observations collected over a period of 15 months, we compare pricing behavior at 41 Internet … heavily branded retailers. We conclude that while there is lower friction in many dimensions of Internet competition, branding …
Persistent link: https://www.econbiz.de/10009214535
study competition between a multiproduct generalist firm and two single-product specialist firms in two product categories … customers. Finally, we note that under other market conditions, concurrent bundling by competitors escalates price competition …
Persistent link: https://www.econbiz.de/10009218355
It is commonly believed that piracy of information goods leads to lower profits, which translate to lower incentives to invest in innovation and eventually to lower-quality products. Manufacturers, policy makers, and researchers all claim that inadequate piracy enforcement efforts translate to...
Persistent link: https://www.econbiz.de/10010990428
We address the value of quick response production practices when selling to a forward-looking consumer population with uncertain, heterogeneous valuations for a product. Consumers have the option of purchasing the product early, before its value has been learned, or delaying the purchase...
Persistent link: https://www.econbiz.de/10010990465