| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28584 |
| 来源ID | Working Paper 28584 |
| Information Spillovers in Experience Goods Competition | |
| Zhuoqiong Charlie Chen; Christopher T. Stanton; Catherine Thomas | |
| 发表日期 | 2021-03-22 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | When experience goods compete, consuming one product can be informative about value for similar untried products. We study a two-period model of 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. In the first period, rather than competing intensely for all future profits, firms compete only for the difference in future 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 products that are indistinguishable ex ante. |
| 主题 | Microeconomics ; Households and Firms ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior ; Other ; Accounting, Marketing, and Personnel |
| URL | https://www.nber.org/papers/w28584 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586258 |
| 推荐引用方式 GB/T 7714 | Zhuoqiong Charlie Chen,Christopher T. Stanton,Catherine Thomas. Information Spillovers in Experience Goods Competition. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28584.pdf（799KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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