Pricing G amebetween Different Brands Standard and Innovative Products of the Same Company
In a highly competitive market,technical innovation and product differentiation are becoming effective ways to avoid cut-throat competition. In this paper,the pricing game model is first established between different brands standard and innovative products of the same company,then it is discussed that the influence of the degree of product differentiation on equilibrium price. Based on some numerical calculations,the relationships between the rate of innovation on price and demand are revealed at different cost level. At last,in the view point of optimizing the total profit,the optimal rate of innovation at each cost level is identified.
Innovative products Standard products Innovation rate Pricing game Brand
Liu Jing Sun Lihui Wang Jun Li Xia
Qingdao University,No.308,Ningxia Road,Qingdao 266071,P.R.China
国际会议
北京
英文
190-194
2009-10-21(万方平台首次上网日期,不代表论文的发表时间)