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Price experimentation with strategic buyers

โœ Scribed by Oksana Loginova; Curtis R. Taylor


Book ID
106262642
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
287 KB
Volume
12
Category
Article
ISSN
1434-4750

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Intertemporal service pricing with strat
โœ Pengfei Guo; John J. Liu; Yulan Wang ๐Ÿ“‚ Article ๐Ÿ“… 2009 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 803 KB

We study a two-period intertemporal pricing game in a single-server service system with forward-looking strategic customers who make their purchase decision based on current information and anticipated future gains. Subgame perfect Nash equilibrium (SPNE) prices are derived. A comparison between rev