Article
Operations Research & Management Science
Xiuxian Li, Pengwen Hou, Shuhua Zhang
Summary: This paper investigates the optimal advertising strategy for two heterogeneous retailers facing differentiated targeted effect consumers. Through Nash and Stackelberg games, it is found that the weaker retailer benefits more from targeted advertising when consumers' expected targeted effect is positive, and the stronger retailer is better off when he has decision-making power. Additionally, both retailers achieve a win-win situation when consumers' expected targeted effect is low or high enough, but may fall into a lose-lose situation when the expected targeted effect is moderate.
ANNALS OF OPERATIONS RESEARCH
(2023)
Article
Economics
Nina Yan, Yang Liu, Jing Chen
Summary: This study investigates the cross-investment between online and offline retailers and explores the impacts of investment decisions on the market. The findings indicate that investing in a competitor with medium value can weaken price competition and yield a win-win outcome. In the absence of cross-channel investment, the more efficient seller should take the leadership role.
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
(2022)
Article
Engineering, Industrial
Jiajia Nie, Xiaoxuan Xu, Xiaohang Yue, Qiang Guo, Yu Zhou
Summary: This paper examines the impact of capacity expansion on firms' profits in the context of 3D printing products. The study finds that while a monopoly can benefit from 3D printing, competing firms may face a prisoner's dilemma where the optimal strategy is to give up 3D printing, but the equilibrium strategy is to embrace it. Additionally, the research reveals that in the monopoly case, increasing the capacity of 3D printing can lead to higher profits, while in the competition case, one firm's profit may decrease as capacity increases.
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
(2023)
Article
Management
Chuan He, Shaowei Ke, Xingtan Zhang
Summary: The study explores how firms should allocate their marketing effort in horizontally differentiated markets and introduces the concept of flagship product effect and marketing effort allocation index. The impact of technological improvements or externalities on marketing costs are taken into consideration for firms, regardless of competition. Adjustments to product marketing strategies are necessary based on different circumstances.
MANAGEMENT SCIENCE
(2022)
Article
Economics
Xiaojuan Yu, Vincent A. C. van den Berg, Erik T. Verhoef, Zhi-Chun Li
Summary: This study investigates the competition and cooperation among multiple car brands, including both autonomous and normal vehicles. By developing a game-theoretic model, the implications of cooperation incentives and pricing competition on market structures and policies are evaluated.
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
(2022)
Article
Computer Science, Cybernetics
Huailiang Zhang, Yan Zhou, Minghui Jiang
Summary: This paper examines the decision-making process of integrated firms in a two-tier supply chain, focusing on the choice of market foreclosure to maximize profits when competing with manufacturers. It also investigates the impact of product substitutability and competition among firms on the overall outcomes.
Article
Environmental Sciences
Ping Shi, Xi Chen
Summary: This paper analyzes the impact of the trade-in strategy of manufacturers on competition in the recycling market. The implementation of a trade-in program can increase the market share and profits of manufacturers, promoting their sustainable development.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Ping Shi, Xi Chen
Summary: This paper analyzes the impact of the trade-in strategy of manufacturers on competition in the recycling market. It finds that without a trade-in program, manufacturers are at a disadvantage compared to informal recycling enterprises. However, with the implementation of a trade-in program, manufacturers can increase their recycling prices and market shares, leading to more profits. This enhances their competitiveness and promotes the sustainable development of manufacturers in both new product sales and old product recycling.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Energy & Fuels
Dongwei Zhao, Mehdi Jafari, Audun Botterud, Apurba Sakti
Summary: This study investigates the strategic market behavior of investors in electricity markets, considering energy storage as a price-maker. The research shows that an increasing number of investors will lead to more market competition, reducing profits but increasing the total capacity of storage deployed. Additionally, the study finds that the arbitrage potential for energy storage varies non-monotonically as wind and solar assets expand, and improving storage technology performance can significantly improve an investor's profit share.
Article
Engineering, Manufacturing
Fang Fang, Baojun Jiang, Jiong Sun
Summary: This paper explores the economic impacts of partial vertical ownership (PVO) between upstream suppliers and downstream retailers in a market with competition. The study finds that dividend payments can influence firms' operational decisions and serve as an invisible hand in the competition and interaction between firms. The research also shows that the PVO decision has an inverted U-shaped effect on profit and that the impact depends on the competitive position of the acquiring retailer. Additionally, consumers may benefit or suffer from PVO depending on the competitive advantage of the acquiring retailer.
PRODUCTION AND OPERATIONS MANAGEMENT
(2023)
Article
Information Science & Library Science
Ching- Teng, Tzu-Ling Huang, Zhuo-Han Yang, Wen-Jie Wu, Gen-Yih Liao
Summary: This research aims to theorize competitive engagement in online games and build a theoretical model to explain how it satisfies gamer needs and increases game usage. The findings suggest that meeting gamer needs is positively related to loyalty and usage. These insights provide game makers with new perspectives and highlight the importance of motivating competitive engagement.
INTERNATIONAL JOURNAL OF INFORMATION MANAGEMENT
(2022)
Article
Business
Jie Wei, Meijing Chang, Jing Zhao
Summary: Showrooming is a threat to traditional retailers, where customers assess products in stores but buy them from online retailers at lower prices. To combat this, many retailers have implemented price matching. In response, online retailers have started selling differentiated products to weaken the advantage of showrooming. A duopoly game is constructed to study the profitability of product differentiation and price matching, showing that differentiation benefits online retailers when their product is more popular, but can also be successful when their product is less popular if price matching is involved.
JOURNAL OF RETAILING AND CONSUMER SERVICES
(2023)
Article
Operations Research & Management Science
Sarat Kumar Jena, Abhijeet Ghadge
Summary: This paper examines the impact of product bundling in a monopolistic supply chain network on the overall supply chain profit. The study finds that manufacturer bundling can generate higher profits compared to retailer bundling in certain cases, and advertising efforts have a significant effect on manufacturer bundling.
ANNALS OF OPERATIONS RESEARCH
(2022)
Article
Multidisciplinary Sciences
Daniel Z. Atwater
Summary: Competition theory suggests that individuals benefit from harming their competitors, but when multiple individuals compete, the effects of competition become complex and may have indirect consequences. Diffuse competition, where interactions occur among multiple competitors rather than just pairwise interactions, is likely the dominant mode of interaction. This type of competition can result in fitness costs, especially when kin-kin interactions are common.
ROYAL SOCIETY OPEN SCIENCE
(2023)
Article
Economics
Long Ding, Peng Liu, Sen Hu
Summary: Location-based technology allows firms to offer personalized coupons to consumers based on their real-time locations, making location-based coupons an innovative marketing tool. This paper investigates the choice between defensive geo-fencing and offensive geo-conquesting strategies in the context of location-based coupons. Using a spatial model, the study examines the impact of these strategies on company profits, consumer surplus, and social welfare. The findings suggest that the defensive strategy can decrease revenue in a monopoly market but increase it in a duopoly market, where both firms adopting the defensive strategy is the Nash equilibrium with the highest profits but lowest consumer surplus. The misalignment of interests highlights the need for policy intervention to regulate firms' location-based coupon strategies for the benefit of consumers.
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
(2023)