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Differences in players' skill are important determinants of relative player success in most real games such as poker … differences among players. This paper uses a simplified version of stud poker to better understand the concept of differential …
Persistent link: https://www.econbiz.de/10009191505
We generalize Narasimhan's (Narasimhan, Chakravarthi. 1988. Competitive promotional strategies. J. Bus. 61(4) 427--449.) model of retail promotion to include multiple products and general demand functions. Doing so allows us to further characterize optimal promotion strategies. We find that...
Persistent link: https://www.econbiz.de/10009203924