2013 International Conference on Social Computing

8-14 Sept. 2013

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  • A Dynamic Pricing Game in a Model of New Product Adoption with Social Influence

    Publication Year: 2013, Page(s):762 - 767
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (189 KB) | HTML iconHTML

    We examine a pricing game between firms that produce differentiated products and in which consumer preferences evolve in response to the market shares of the available products. One of the products is new and a subset of consumers (early adopters) have a relatively strong preference for it, while the remaining consumers are influenced by the relative market shares of the two products, being drawn ... View full abstract»

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