Equilibrium Product Positioning and Pricing when the Number of Firms in the Market Changes: A Marketing-Production Perspective
The paper presents a model that incorporates marketing and production variables and exhibits the existence of a Nash equilibrium in prices and product positions. Given that the market can reach an equilibrium in prices and product positions, we then examine how the number of firms in the market affects prices and product positions at this static equilibrium.
Marketing-Production Interface Pricing Product Design Nash Equilibrium
Hadjinicola George K.Ravi Kumar
Department of Public and Business Administration, School of Economics and Management University of C KAIST Business School, Seoul, Korea
国际会议
香港·广州
英文
486-490
2010-07-25(万方平台首次上网日期,不代表论文的发表时间)