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We explore opportunities for targeted pricing for a retailer that only tracks weekly store-level aggregate sales and marketing-mix information. We show that it is possible, using these data, to recover essential features of the underlying distribution of consumer willingness to pay. Knowledge of...
Persistent link: https://www.econbiz.de/10009204334
In this paper, we study competitive response to a product innovation. We consider the dynamic interaction between a “Defender†(a firm with a first generation product) and an “Attacker†(a firm with a second generation product). The second generation product entry decision of...
Persistent link: https://www.econbiz.de/10008579402
In this paper, we study competitive response to a product innovation. We consider the dynamic interaction between a “Defender” (a firm with a first generation product) and an “Attacker” (a firm with a second generation product). The second generation product entry decision of the Defender,...
Persistent link: https://www.econbiz.de/10014619477
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