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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15255 |
DP15255 Information Spillovers in Experience Goods Competition | |
Zhuoqiong (Charlie) Chen; Christopher T. Stanton; Catherine Thomas | |
发表日期 | 2020-09-04 |
出版年 | 2020 |
语种 | 英语 |
摘要 | When experience goods compete, consuming one product can be informative about value for similar untried products. We study duopoly competition in markets that have this feature and where firms can price discriminate between consumers based on purchasing history. Price dynamics, firm profits, and consumer surplus depend on how information spillovers shape demand from the consumers who have trialed the rival product-the potential switchers. Rather than competing intensely in the first period for all future profits, firms compete for the difference in profits between repeat and switching consumers. Demand-side information spillovers offer an explanation of how competing firms in new product markets can be profitable in all periods even when selling ex ante homogeneous products. |
主题 | Industrial Organization |
关键词 | Experience goods Duopoly Behavior based price discrimination Product differentiation |
URL | https://cepr.org/publications/dp15255 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544230 |
推荐引用方式 GB/T 7714 | Zhuoqiong ,Christopher T. Stanton,Catherine Thomas. DP15255 Information Spillovers in Experience Goods Competition. 2020. |
条目包含的文件 | 条目无相关文件。 |
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