Minority Game of price promotions in fas
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Robert D. Groot; Pieter A.D. Musters
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Article
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2005
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Elsevier Science
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English
β 484 KB
A variation of the Minority Game has been applied to study the timing of promotional actions at retailers in the fast moving consumer goods market. The underlying hypotheses for this work are that price promotions are more effective when fewer than average competitors do a promotion, and that a prom