Ray, Sourav; Wood, Charles A.; Messinger, Paul R. - 2015
We examine how retailers discount the prices of product systems versus their constituent components. The topic is … important because such systems are ubiquitous in our daily lives. In particular, many high-tech markets revolve around complex … multi-component systems – e.g. a camera system consists of a camera body, a lens, a flash, and other components; a computer …