To Commit or Not to Commit: Revisiting Quantity vs. Price Competition in a Differentiated Industry
نویسندگان
چکیده
Professors Nasser and Turcic designed a model using game theory to analyze different types of firms, their supply chain options, and the choices they make when it comes to controlling output. Firms fall into one of three categories based on product differentiation in their industry: low, intermediate, or high product differentiation. Findings show that competing firms in an industry with low product differentiation choose rigid supply chain regimes, thus reducing the impact of intense price competition. When high product differentiation is present, firms also choose rigid regimes.
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عنوان ژورنال:
- Management Science
دوره 62 شماره
صفحات -
تاریخ انتشار 2016