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...

Prior works offer compelling evidence that on the demand side of the market, user-generated online product reviews play a very important role in informing consumers' purchase decisions. On the supply side, however, the interplay between online product reviews and firm strategies is less...