Oligopolistic pricing with heterogeneous consumer search
Article Abstract:
A game-theoretic model of oligopolistic pricing with heterogeneous consumer search costs under Nash equilibrium is analyzed. There exists a finite number of identical stores selling a homogeneous good when consumers have heterogeneous search costs. The model was able to shed light on issues concerning the effect of certain characteristics of the search cost distribution on the equilibrium price distribution.
Publisher: Elsevier B.V.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 1996
Retail Stores, Analysis, Prices and rates, Pricing, Consumer behavior, Stores, Oligopolies
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 1996
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Entry order and pricing over the product cycle: The transition from the 486 to the Pentium processor
Article Abstract:
Impact of entry timing and differences in product quality on prices is discussed with reference to prices of Pentium computers.
Publisher: Elsevier B.V.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2006
United States, Greece, Methods, Product defect/failure, Product quality, Price discrimination, Software quality, Market entry
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2006
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Comment about this article or add new information about this topic:
Subjects list: Economic aspects
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