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The entry of a new product (attacker) into a competitive market is likely to provoke responses from some or all of the … differentiation in a market with endogenous sequential entry. Bell J. Econom. 11(1, Spring) 237--260.) we assume that N products each … enter sequentially with perfect foresight on subsequent entry. Then, based on new technology, an unanticipated attacker …
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We extend Bresnahan and Reiss’s (1991) model of local oligopoly to allow firm entry and exit over time. In our … framework, entrants have to incur sunk costs in order to enter a market. After becoming incumbents, they disregard these entry …’s framework generates unreasonable variation in firms’ competitive conduct over time. This variation disappears when entry costs …
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driven by sales, product line pricing, competitor’s sales or simply by time. We propose a model using mixture components … newly released video-games (VG’s). In contrast with previous literature, we find that competition and time itself are the …
Persistent link: https://www.econbiz.de/10005451010
driven by sales, product line pricing, competitor’s sales or simply by time. We propose a model using mixture components that …-games (VG’s). In contrast with previous literature, we find that competition and time itself are the main triggers of price …
Persistent link: https://www.econbiz.de/10010837531
This paper investigates the strategic pricing of consumer durable products which can be acquired through either … profits needs to be incorporated in strategic decisions such as pricing. Using a dual diffusion model which parsimoniously … monopoly. The results indicate that (a) in absence of any protection, skimming pricing strategies are generally optimal, and (b …
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