Author: Gary Biglaiser
Publisher:
ISBN:
Category : Competition, Imperfect
Languages : en
Pages : 43
Book Description
Dynamic Price Competition with Capacity Constraints and Strategic Buyers
Author: Gary Biglaiser
Publisher:
ISBN:
Category : Competition, Imperfect
Languages : en
Pages : 43
Book Description
Publisher:
ISBN:
Category : Competition, Imperfect
Languages : en
Pages : 43
Book Description
Dynamic Price Competition with Capacity Constraints and a Strategic Buyer
Dynamic Price Cometition with Capacity Constraints and Strategic Buyers
Dynamic Pricing with Capacity Constraints, Strategic Buyers and Uncertain Demand
Dynamic Price Competition, Learning-By-Doing and Strategic Buyers
Author: Andrew Sweeting
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
We generalize recent models of dynamic price competition where sellers benefit from learning-by-doing by allowing for long-lived strategic buyers, with a single parameter capturing the extent to which each buyer internalizes future buyer surplus. Many of the equilibria that exist when buyers are atomistic or myopic are eliminated when buyers internalize even a modest share of their effects on future surplus. The equilibria that survive tend to be those where long-run market competition is preserved.
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
We generalize recent models of dynamic price competition where sellers benefit from learning-by-doing by allowing for long-lived strategic buyers, with a single parameter capturing the extent to which each buyer internalizes future buyer surplus. Many of the equilibria that exist when buyers are atomistic or myopic are eliminated when buyers internalize even a modest share of their effects on future surplus. The equilibria that survive tend to be those where long-run market competition is preserved.
Capacity-constrained Price Competition when Unit Costs Differ
Author: Raymond Deneckere
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 94
Book Description
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 94
Book Description
Dynamic Price Competition, Briefly Sunk Costs, and Entry Deterrence
Author: Sally M. Davies
Publisher:
ISBN:
Category : Barriers to entry (Industrial organization)
Languages : en
Pages : 56
Book Description
Publisher:
ISBN:
Category : Barriers to entry (Industrial organization)
Languages : en
Pages : 56
Book Description
Spatial Competition and Price Discrimination with Capacity Constraints
Author: Matthias Hunold
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
We characterize mixed-strategy equilibria when capacity constrained suppliers can charge location-based prices to different customers. We establish an equilibrium with prices that weakly increase in the costs of supplying a customer. Despite prices above costs and excess capacities, each supplier exclusively serves its home market in equilibrium. Competition yields volatile market shares and an inefficient allocation of customers to firms. Even ex-post cross-supplies may restore efficiency only partly. We show that consumers may benefit from price discrimination whereas the the firms make the same profits as with uniform pricing. We use our findings to discuss recent competition policy cases and provide hints for a more refined coordinated-effects analysis.
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
We characterize mixed-strategy equilibria when capacity constrained suppliers can charge location-based prices to different customers. We establish an equilibrium with prices that weakly increase in the costs of supplying a customer. Despite prices above costs and excess capacities, each supplier exclusively serves its home market in equilibrium. Competition yields volatile market shares and an inefficient allocation of customers to firms. Even ex-post cross-supplies may restore efficiency only partly. We show that consumers may benefit from price discrimination whereas the the firms make the same profits as with uniform pricing. We use our findings to discuss recent competition policy cases and provide hints for a more refined coordinated-effects analysis.
Consumer-Driven Demand and Operations Management Models
Author: Serguei Netessine
Publisher: Springer Science & Business Media
ISBN: 0387980261
Category : Business & Economics
Languages : en
Pages : 488
Book Description
This important book is by top scholars in supply chain management, revenue management, and e-commerce, all of which are grounded in information technologies and consumer demand research. The book looks at new selling techniques designed to reach the consumer.
Publisher: Springer Science & Business Media
ISBN: 0387980261
Category : Business & Economics
Languages : en
Pages : 488
Book Description
This important book is by top scholars in supply chain management, revenue management, and e-commerce, all of which are grounded in information technologies and consumer demand research. The book looks at new selling techniques designed to reach the consumer.
Dynamic Price Competition with Fixed Capacities
Author: Víctor Martínez-de-Albéniz
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description