Stable Price Dispersion under Heterogeneous Buyer Consideration
研究了同质产品在消费者考虑不同供应商集合时的定价,发现存在稳定且离散的价格,并对比了与传统方法的差异。
ABSTRACT We study the pricing of homogeneous products sold to customers who consider different sets of suppliers. We identify prices that are stable in the sense that no firm wishes to undercut a rival or to raise its price when rivals are able to respond by offering special deals. We derive stable and dispersed prices across several price‐consideration specifications. We contrast the implications against those of conventional approaches.