Winning in Retail Market Games: Relative Profit and Logit Demand.
Jasper HooglandMathijs de WeerdtHan La PoutréPublished in: SSCI (2015)
Keyphrases
- profit maximizing
- nash equilibrium
- optimal pricing
- demand function
- pricing mechanism
- pricing strategies
- supply chain
- game theory
- demand uncertainty
- cross selling
- electricity markets
- market share
- game theoretic
- pricing model
- group buying
- nash equilibria
- dynamic pricing
- financial data
- decision making
- market demand
- inventory control
- market participants
- expected profit
- human players
- competitive environment
- customer demand
- regression analysis
- revenue management
- inventory management
- imperfect information
- educational games
- electronic markets
- supply chain management
- consumer market
- computer games
- selling season