Competition and market dynamics in duopoly: the effect of switching costs

DOI10.1007/S00291-022-00669-WMaRDI QIDQ6556806zbMATH OpenFDO

Authors Yang Yang, Cheng-Hung Wu

Publication date 17 June 2024

Published in OR Spectrum (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/S00291-022-00669-W

zbMATH Keywords

dynamic pricingforward simulationmarket shareswitching cost

Mathematics Subject Classification ID

PDEs in connection with game theory, economics, social and behavioral sciences (35Q91) Dynamic games (91A25) Special types of economic markets (including Cournot, Bertrand) (91B54)

Recommendations

• Dynamic price competition with switching costs
• Revisiting dynamic duopoly with consumer switching costs
• Multi-Period Competition with Switching Costs
• Market structure and the competitive effects of switching costs
• Switching costs, consumer heterogeneity and price discrimination

Cites work

• A Stackelberg-Nash model for new product design
• Addressing endogeneity in aggregate logit models with time-varying parameters for optimal retail-pricing
• Competition when Consumers have Switching Costs: An Overview with Applications to Industrial Organization, Macroeconomics, and International Trade
• Multi-Period Competition with Switching Costs

Cited in

(1)

• Predicting and optimizing marketing performance in dynamic markets

This page was built for publication: Competition and market dynamics in duopoly: the effect of switching costs

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6556806)