A generalized model of advertised sales
To better understand temporary price reductions or ‘sales’, this paper presents a generalized ‘clearinghouse’ framework of advertised sales and explores some applications. By viewing the firms as competing in utility and amending the conventional tie-break rule, we allow for multiple dimensions of f...
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Main Authors: | , |
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Format: | Default Article |
Published: |
2021
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Subjects: | |
Online Access: | https://hdl.handle.net/2134/12241229.v1 |
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