Strategic pricing of differentiated consumer durables in a dynamic duopoly: a numerical analysis

Fernando Nascimento*, Wilfried R. Vanhonacker

*Autor correspondente para este trabalho

    Resultado de pesquisarevisão de pares

    2 Citações (Scopus)

    Resumo

    Under different modes of competitive pricing behavior, profit‐maximizing price trajectories are derived for durable products in a dynamic duopoly. Open‐loop co‐operative and non‐cooperative pricing behavior is analyzed within a comprehensive model where sales of differentiated products are described by interlocked diffusion processes with realistic demand characteristics. Because of analytic complexity, the optimal trajectories implied by the control and differential‐game problems are derived numerically across an extensive set of plausible market scenarios. Manipulation of initial market conditions enables derivation of optimal competitive pricing as a function of timing of entry.

    Idioma originalEnglish
    Páginas (de-até)193-220
    Número de páginas28
    RevistaManagerial and Decision Economics
    Volume14
    Número de emissão3
    DOIs
    Estado da publicaçãoPublicado - 1993

    Impressão digital

    Mergulhe nos tópicos de investigação de “Strategic pricing of differentiated consumer durables in a dynamic duopoly: a numerical analysis“. Em conjunto formam uma impressão digital única.

    Citação