Pricing and replenishment of competing perishable product variants under dynamic demand substitution
I consider pricing and ordering decisions faced by a retailer selling a perishable product with a two-period shelf life over an infinite horizon. In the first period, the product is “new”; in the next, it becomes “old.” The new product is perceived by customers to have a higher quality than the old...
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| Format: | Article |
| Language: | English |
| Published: |
2014
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| Online Access: | https://hdl.handle.net/10356/103345 http://hdl.handle.net/10220/19224 |
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| Institution: | Nanyang Technological University |
| Language: | English |