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Substitute goods,auctions,and equilibrium
Gross substitutes Tatonnement Pseudo-equilibrium Law of aggregate demand
2015/7/21
This paper identifies two notions of substitutes for auction and equilibrium analysis. Weak substitutes,the usual price-theory notion, guarantees monotonicity of tatonnement processes and convergence ...
Joint Decision of Pricing and Cross-Ruff Coupon Value under Substitute (Complement) Demand
Cross-Ruff Coupon Carrier Brand Target Brand Pricing
2013/2/19
This paper focuses on the optimal decisions of pricing and cross-ruff coupon face value for two linked brands products. We develop the profit maximization models for two kinds of coupons: in-pack cros...
The.combination.of.such.factors.as.ageing.of.the.population,.rapidly.increasing.household.debt,.declining.personal.savings.rates.and.the.presence.of.elevated.uncertainty.in.the.global.economic.outlook...