Corpus ID: 14122820

A Dynamic Pricing Model under Duopoly Competition

  title={A Dynamic Pricing Model under Duopoly Competition},
  author={D. Granot and F. Granot and B. Mantin},
  • D. Granot, F. Granot, B. Mantin
  • Published 2007
  • We introduce and analyze a multi-period, finite horizon, no-replenishment, dynamic pricing model under duopoly competition between two retailers who sell an identical good. According to our duopoly competition model, a single consumer, whose valuation is uniformly distributed on [0,1], visits only one of the two retailers in each period. If the price posted by the retailer visited by the consumer is below his valuation, he purchases the good. Otherwise, in the next period the consumer visits… CONTINUE READING
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