Product Assortment and Price Competition under Multinomial Logit Demand *

@inproceedings{Besbes2015ProductAA,
  title={Product Assortment and Price Competition under Multinomial Logit Demand *},
  author={Omar Besbes},
  year={2015}
}
T he role of assortment planning and pricing in shaping sales and profits of retailers is well documented and studied in monopolistic settings. However, such a role remains relatively unexplored in competitive environments. In this study, we study equilibrium behavior of competing retailers in two settings: (i) when prices are exogenously fixed, and retailers compete in assortments only; and (ii) when retailers compete jointly in assortment and prices. For this, we model consumer choice using a… CONTINUE READING

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