Pricing Strategy versus Heterogeneous Shopping Behavior under Market Price Dispersion

We consider the ubiquitous problem of a seller competing in a market of a product with dispersed prices and having limited information about both his competitors’ prices and the shopping behavior of his potential customers. Given the distribution of market prices, the distribution of consumers’ shop...

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Bibliographic Details
Main Authors: Francisco Álvarez, José-Manuel Rey, Raúl G. Sanchis
Format: Article
Language:English
Published: Wiley 2016-01-01
Series:Abstract and Applied Analysis
Online Access:http://dx.doi.org/10.1155/2016/3254240
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