An Empirical Study of Pricing Strategies in an Online Market with High-Frequency Price Information Sara Fisher Ellison M.I.T. Christopher M. Snyder Dartmouth College June 2010 Abstract: We study competition among a score of firms participating in an online market for a commodity-type memory module. Firms were able to adjust prices continuously and prices determined how the firms were ranked and listed (lowest price listed first), with better ranks contributing to firms' sales. Using a
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I NVESTMENT SCI ENCE I NVESTMENT SCI ENCE DA YID G. LUENBERGER STANFORD UNIVERSITY New York Oxford OXFORD UNIVERSITY PRESS 1998 OXFORD UNIVERSITY PRESS Oxford New York Auckland Bangkok Bogota Bombay Buenos Aires Cnlcutta Cape Town Dar es Salaam Delhi Florence Hong Kong Istanbul Karachi Athens Kuala Lumpur Mexico City Madras Nairobi Mndrid Paris Melbourne Singapore Taipei Tokyo Toronto F \--1& ljS1S,'L (Jml aHociated compallies ill Berlin
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Fenomeno, Dunhill Paolo Munoz, Karl Maywin Palad, Ray Angelo Posada, Rodrigo Effective Pricing is Central to Financial Success “Marketing is the only function that brings operating revenues to the organization.” Business model it is a mechanism whereby through effective pricing, sales are transformed into revenues, costs are covered and value is created for the owners of the business. Pricing the services a firm offers is not easy, because not everyone has the same reaction/ perception
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and Technology ONUR TAMUR PRICING WHEN ENTERING A NEW MARKET IN B2B ENVIROMENT: Understanding the B2B Dynamics Seminar Report ii ABSTRACT With the rise of globalization and saturated local markets, many companies started chasing international opportunities that would help them expand to new countries and increase their brand recognition around the globe. One of the challenges that companies face while entering a new market is defining the right price and pricing of their offering to be competitive
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Application on Pricing Strategies Used by the Retail Supermarket Industry Everyday low pricing (EDLP) and High-Low Pricing are the most popular pricing strategies used by companies in the retail supermarket industry. In this part of the project, the two pricing strategies are analyzed using a game-theoretic framework and compared to the observed behavior of supermarket within the industry. First, the definitions of both strategies are provided to better understand the analysis. Everyday low pricing (EDLP)
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NONLINEAR PRICING STRATEGIES AND MARKET CONCENTRATION IN THE AIRLINE INDUSTRY A Dissertation by MANUEL A. HERNANDEZ GARCIA Submitted to the Office of Graduate Studies of Texas A&M University in partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY August 2009 Major Subject: Economics UMI Number: 3384249 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that
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Introduction Zanzibar is an archipelago with two major islands of Unguja and Pemba. Panga Chumvi Beach Resort is situated next to the village of Matemwe, on the north eastern coast of Zanzibar. ‘Chumvi’ means salt in Kiswahili, and ‘Panga’ is a shortening of ‘pahala’ the place. So the literal meaning of the resort Panga Chumvi is the place of salt. Over the last 20 years Panga Chumvi has developed organically, working closely with the village of Matemwe, and they have been involved in supporting
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Copyright c 2005 by Karl Sigman 1 Capital Asset Pricing Model (CAPM) We now assume an idealized framework for an open market place, where all the risky assets refer to (say) all the tradeable stocks available to all. In addition we have a risk-free asset (for borrowing and/or lending in unlimited quantities) with interest rate rf . We assume that all information is available to all such as covariances, variances, mean rates of return of stocks and so on. We also assume that everyone
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of aluminum, and a very light and thin structure. Range: The MacBook Air is available in two sizes, with the diagonal length of the display determining the model size: 13.3-inch and 11.6-inch (or 33.78 cm and 29.46 cm, respectively). A range of model choices with different specifications are produced by Apple, and as of 2011, all Air models use solid-state drive (SSD) storage and Intel Core i5 or i7 central processing units (CPUs). Packaging: Apple is known for its stark white box, common for
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between the efficient set and the invester’s risk-return indifference curve Market portfolio: a portfolio made up of all the assets in the economy with weights equal to their relative market values. It is an important concept in the Capital Asset Pricing Model (CAPM). Such a portfolio will have a beta value of one Beta is a measure of a security’s sensitivity to market movements CAMP * It attempts to explain the relationship between the risk and return on a financial security and this relationship
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