Optimal government scrappage subsidies in the presence of strategic consumers

2021 ◽  
Vol 288 (3) ◽  
pp. 829-838
Author(s):  
Hosain Zaman ◽  
Georges Zaccour
Keyword(s):  
2021 ◽  
Vol 49 (2) ◽  
pp. 191-196
Author(s):  
Chen Jin ◽  
Qian Liu ◽  
Chenguang (Allen) Wu

Author(s):  
Qin Zhang ◽  
Zijian He ◽  
Junhai Ma

Consumers' strategic purchasing behavior has a great influence on the pricing and sales of new products. In order to study the impact of strategic consumers on the sales of 5G mobile phones, we establish a two-period pricing model. The supply chain contains two manufacturers, a communications operator and a mobile phone retailer. Cases where two manufacturers have the same or different pricing rights are researched by using the Stackelberg game and the Nash game model. Our research results are as follows:(1) We obtain the optimal 5G communication fees in two periods and find out how they change with the proportion of consumers changing. (2) We figure out the profits of the supply chain in two periods and analyze them. We find that the communication operator earns more than the others most of the time. (3) We investigate how the proportion of strategic consumer impact on supply chain profits and conclude that the optimal price and demand in a period will decrease as the proportion of consumers who only purchase products in the other period increases.


2018 ◽  
Vol 274 (1-2) ◽  
pp. 131-154 ◽  
Author(s):  
Gerardo Berbeglia ◽  
Gautam Rayaprolu ◽  
Adrian Vetta

Omega ◽  
2015 ◽  
Vol 52 ◽  
pp. 1-14 ◽  
Author(s):  
Daojian Yang ◽  
Ershi Qi ◽  
Yajiao Li

1992 ◽  
Vol 13 (3) ◽  
pp. 215-222
Author(s):  
Ram C. Rao
Keyword(s):  

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