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Traditional monopoly pricing models assume that firms have full information about the market demand and consumer preferences. In this article, we study a prototypical monopoly pricing problem for a seller with limited market information and different levels of demand learning capability under...
Persistent link: https://www.econbiz.de/10013119420
Traditional monopoly pricing models assume that firms have full information about the market demand and consumer preferences. In this paper we study a prototypical monopoly pricing problem for a seller with limited market information and different levels of demand learning capability under...
Persistent link: https://www.econbiz.de/10013121001
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In a discrete choice model of product differentiation, the symmetric duopoly price may be lower than, equal to, or …
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Der Wettbewerb zwischen Unternehmen verlagert sich hin zum Wettbewerb zwischen ganzen Wertschöpfungsketten. Hierdurch gewinnt neben der effizienten Zusammenarbeit der am Leistungsprozess beteiligten Unternehmen die Interaktion mit dem jeweils angrenzenden Wettbewerbsumfeld (Beschaffungsmärkte,...
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