Strategic Wholesale Pricing for an Incumbent Supplier Facing with a Competitive Counterpart
We introduce a wholesale pricing strategy for an incumbent supplier facing with a competitive counterpart. We propose a profit function which considers both the present loss and future loss from a wholesale price and then study the optimal wholesale prices for different objectives about this profit...
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| Format: | Article |
| Language: | English |
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Hindawi Limited
2014-01-01
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| Series: | The Scientific World Journal |
| Online Access: | http://dx.doi.org/10.1155/2014/604634 |