Abstract
The present work is concerned with the problem of competitive pricing strategy when the direct marketer opens either online or bricks-and-mortar stores to compete with the traditional retailer. In this study, we consider the competitive pricing between the direct marketer and the traditional retailer under the Bertrand and the Stackelberg market structure. Four pricing strategies, namely, SB, SO, BB and BO are investigated and compared to derive the optimal strategy.
| Original language | English |
|---|---|
| Title of host publication | Proceedings - 2013 6th International Conference on Business Intelligence and Financial Engineering, BIFE 2013 |
| Publisher | IEEE |
| Pages | 18-22 |
| ISBN (Print) | 9781479947775 |
| DOIs | |
| Publication status | Published - 18 Nov 2014 |
| Event | 6th International Conference on Business Intelligence and Financial Engineering, BIFE 2013 - Hangzhou, Zhejiang, China Duration: 14 Nov 2013 → 16 Nov 2013 |
Conference
| Conference | 6th International Conference on Business Intelligence and Financial Engineering, BIFE 2013 |
|---|---|
| Place | China |
| City | Hangzhou, Zhejiang |
| Period | 14/11/13 → 16/11/13 |
Research Keywords
- encroachment
- game thoery
- pricing
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