Product Differentiation and Cost Pass‐Through

Dynamic Pricing and Product Differentiation with Cost Uncertainty and Learning

Motivated by applications in the health insurance industry, we consider a seller who designs and sells a set of vertically differentiated products to a population of quality-sensitive customers. The seller’s business environment entails an uncertainty about production costs. We characterize the seller’s optimal price-quality schedule in the cases of: (a) static cost uncertainty, and (b) dynamic...

The Study of the Effect of Diversification Strategy, Cost Leader-ship Strategies and Product Differentiation on Business Unit Value

Changes in credit risk may arise when either the value or the risk of corporate assets changes. Changes in the equity value associated with the changes in the asset value and changes in asset risk can be characterized into potentially countervailing direct and indirect effects. The indirect effect of risk on equity value is a function of factors that affect the debt value of including leverage,...

Copyright and Product Differentiation

Product Differentiation

Low-rank passthrough neural networks

Deep learning consists in training neural networks to perform computations that sequentially unfold in many steps over a time dimension or an intrinsic depth dimension. For large depths, this is usually accomplished by specialized network architectures that are designed to mitigate the vanishing gradient problem, e.g. LSTMs, GRUs, Highway Networks and Deep Residual Networks, which are based on ...