Detail Dynamic Competition With Customer Recognition   Oleh:  Villas-Boas, J. Miguel Jenis: Article from Bulletin/Magazine Dalam koleksi: The Rand Journal of Economics vol. 30 no. 4 (1999), page 604-631. Topik: competition; dynamic competition; customer recognition Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: RR10.7 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel In many markets firms have some information about their customers resulting from the consumers' past choice behavior. Given this information, firms can better target their market practice with respect to their customers. This article considers such a situation in a duopoly with infinitely lived firms and overlapping generations of customers. A new customer may either have bought the competing product in the previous period or be new to the market. I identify three effects : (i) Firms lower prices to attract the competitor¹s previous customers. (ii) Greater consumer patience intensifies competition. (iii) Greater firm patience softens the competitive interaction. With patient firms and consumers, prices are lower than when there is no customer recognition. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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