Arbeitspapier
Competition between offline and online retailers with heterogeneous customers
We consider the spatial competition between two traditional physical (or offline) retailers and an Internet (or online) retailer where the efficiency of the latter differs from that of the former. We assume consumers are heterogeneous across two dimensions: (i) the costs of traveling to either of the offline retailers and (ii) the costs of purchasing from the online retailer. Both dimensions depend on the spatial location of consumers and are independent of each other. We show that the online retailer maximizes its profit at an intermediate level of the consumer disutility of online purchase when its efficiency is low.
- Sprache
-
Englisch
- Erschienen in
-
Series: ISER Discussion Paper ; No. 1056
- Klassifikation
-
Wirtschaft
Oligopoly and Other Imperfect Markets
Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
- Thema
-
e-commerce
game theory
horizontal differentiation
vertical differentiation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Colombo, Stefano
Matsushima, Noriaki
- Ereignis
-
Veröffentlichung
- (wer)
-
Osaka University, Institute of Social and Economic Research (ISER)
- (wo)
-
Osaka
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Colombo, Stefano
- Matsushima, Noriaki
- Osaka University, Institute of Social and Economic Research (ISER)
Entstanden
- 2019