Dynamic Pricing in Declining Demand: The Case of Duopoly
Dynamic Pricing in Declining Demand: The Case of Duopoly
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需求下降中的动态定价:双寡头垄断案例
DOI:
10.1111/j.1467-9361.2010.00594.x
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发表时间:
2011
期刊:
影响因子:
--
通讯作者:
Rui Ota
中科院分区:
文献类型:
--
作者:
Rui Ota
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.
DOI:
--
发表时间:
1986-06
期刊:
The American Economic Review
影响因子:
--
作者:
J. Rotemberg;Garth Saloner
通讯作者:
J. Rotemberg;Garth Saloner
DOI:
10.1016/j.ijindorg.2006.04.012
发表时间:
2006-11
影响因子:
1.5
作者:
Joseph E. Harrington;Joe Chen
通讯作者:
Joseph E. Harrington;Joe Chen
DOI:
--
发表时间:
2009
期刊:
The Japanese Economic Review
影响因子:
--
作者:
Hiroshige Takeichi;et al.;Makoto Yano
通讯作者:
Makoto Yano