Author: rabikar chatterjee and peter crosbiePublisher:
ISBN:
Category :
Languages : en
Pages : 38
Book Description
dynamic pricing of durables in duopoly: the effect of buyer expectations
Author: rabikar chatterjee and peter crosbiePublisher:
ISBN:
Category :
Languages : en
Pages : 38
Book Description
Dynamic Pricing of Durables in Duopoly
Author: Rabikar ChatterjeeStrategic Pricing of Differentiated Consumer Durables in a Dynamic Duopoly
Author: Fernando NascimentoPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 29
Book Description
Optimal Pricing and Advertising in a Durable-Good Duopoly
Author: Anand KrishnamoorthyPublisher:
ISBN:
Category :
Languages : en
Pages : 33
Book Description
This paper analyzes dynamic advertising and pricing policies in a durable-good duopoly. The proposed infinite-horizon model, while general enough to capture dynamic price and advertising interactions in a competitive setting, also permits closed-form solutions. We use differential game theory to analyze two different demand specifications - linear demand and isoelastic demand - for symmetric and asymmetric competitors. We find that the optimal price is constant and does not vary with cumulative sales, while the optimal advertising is decreasing with cumulative sales. Comparative statics for the results are presented.
Dynamic Pricing in Declining Demand
Author: Rui OtaPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The purpose of this study is to investigate what theory predicts about price dynamics when firms face a decline in demand for their product due to an arrival of a new substitutable product. To this end, this paper constructs a dynamic duopoly model and simulates price paths. The study demonstrates that the price path is nonmonotonic and could be divided into three stages. The basic mechanism of generating the path is a tradeoff between two counteracting motives to set the price: pricing lower to delay the adoption of the new product, and pricing higher to exploit price-insensitive consumers.
Price Dispersion and Learning in a Dynamic Differentiated-goods Duopoly
Author: Godfrey KellerPublisher:
ISBN:
Category : Duopolies
Languages : en
Pages : 50
Book Description
New Product Pricing Strategies in Monopoly-duopoly Markets
Author: Eunsang YoonPublisher:
ISBN:
Category : New products
Languages : en
Pages : 32
Book Description
Dynamic Duopoly Pricing Strategies in Marketing
Author: Yuko MinowaPricing Strategies in a Dynamic Duopoly
Author: Pradeep K. ChintaguntaPublisher:
ISBN:
Category : Duopolies
Languages : en
Pages : 39
Book Description
Dynamic Pricing in Declining Demand
Author: Rui OtaPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The purpose of this study is to investigate what theory predicts about price dynamics when firms face a decline in demand for their product due to an arrival of a new substitutable product. To this end, this paper constructs a dynamic duopoly model and simulates price paths. The study demonstrates that the price path is non monotonic and could be divided into three stages. The basic mechanism of generating the path is a trade off between two counteracting motives to set the price: Pricing lower to delay the adoption of the new product, and pricing higher to exploit price-insensitive consumers.