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Hotelling model based dynamic pricing of three sides

  • Shaanxi Normal University
  • Wuhan University of Technology

科研成果: 书/报告/会议事项章节会议稿件同行评审

摘要

In this paper, we introduce the third firm into the original market, and continue to analyze the pricing game of three and the equilibrium of dynamic pricing that three firms achieve. We choose to set the case into a pricing game in the expanding Hotelling model. Through the analysis and comparison, we conclude that firms which implement dynamic pricing based on price discrimination will be better off than those not. In addition, we can reach a crucial conclusion that the firm which embraces a strong power of monopoly advantage and charges a higher price in the duopoly market is sure to make more profits through dynamic pricing based on price discrimination no matter in duopoly market or where added the third side, while other firms will make less profit in the pricing game undoubtedly.

源语言英语
主期刊名Proceedings of the 10th International Conference on Management Science and Engineering Management
编辑Mitsuo Gen, Asaf Hajiyev, Stefan Nickel, Jiuping Xu
出版商Springer Verlag
99-111
页数13
ISBN(印刷版)9789811018367
DOI
出版状态已出版 - 2017
已对外发布
活动10th International Conference on Management Science and Engineering Management, ICMSEM 2016 - Baku, 阿塞拜疆
期限: 31 8月 20162 9月 2016

出版系列

姓名Advances in Intelligent Systems and Computing
502
ISSN(印刷版)2194-5357

会议

会议10th International Conference on Management Science and Engineering Management, ICMSEM 2016
国家/地区阿塞拜疆
Baku
时期31/08/162/09/16

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