G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15255
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
URLhttps://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.
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