Social learning and delay in a dynamic model of price competition

DOI10.1016/j.jet.2016.05.005zbMath1371.91063OpenAlexW3124552908MaRDI QIDQ308653

Masaki Aoyagi, Manaswini Bhalla, Hikmet Gunay

Publication date: 6 September 2016

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/11094/48411

zbMATH Keywords

product differentiationduopolydynamic pricingrevenue managementconspicuous consumptiondurable good

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)

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Advertising, goodwill, and the Veblen effect ⋮ Pricing strategy and carbon emission abatement under cap-and-trade regulation considering social learning

Cites Work

• Competitive dynamic pricing with alternating offers: theory and experiment
• Optimizing information in the herd: Guinea pigs, profits, and welfare
• The role of externalities and information aggregation in market collapse
• Monopoly pricing in the binary herding model
• DYNAMIC PRICE COMPETITION WITH CAPACITY CONSTRAINTS AND A STRATEGIC BUYER
• Dynamic Pricing in the Presence of Strategic Consumers and Oligopolistic Competition
• Optimal Price Skimming by a Monopolist Facing Rational Consumers
• Dynamic Mechanism Design for Online Commerce
• Information Revelation and Strategic Delay in a Model of Investment
• Efficient Design with Interdependent Valuations

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