Battles for market share: incomplete information, aggressive strategic pricing, and competitive dynamics

1987 ◽  
pp. 157-196 ◽  
Author(s):  
John Roberts
Keyword(s):  
Incomplete Information ◽  
Market Share ◽  
Competitive Dynamics ◽  
Strategic Pricing

scholarly journals Competition with Exclusive Contracts and Market-Share Discounts

2013 ◽  
Vol 103 (6) ◽  
pp. 2384-2411 ◽  
Author(s):  
Giacomo Calzolari ◽  
Vincenzo Denicolò
Keyword(s):  
Incomplete Information ◽  
Market Share ◽  
Competition Policy ◽  
Double Marginalization ◽  
Contractual Arrangements ◽  
Exclusive Contracts ◽  
Market Share Discounts

We analyze firms that compete by means of exclusive contracts and market-share discounts (conditional on the seller's share of customers' total purchases). With incomplete information about demand, firms have a unilateral incentive to use these contractual arrangements to better extract buyers' informational rents. However, exclusive contracts intensify competition, thus reducing prices and profits and (in all Pareto undominated equilibria) increasing welfare. Market-share discounts, by contrast, produce a double marginalization effect that leads to higher prices and harms buyers. We discuss the implications of these results for competition policy. (JEL D43, D83, D86, K21, L14, L42)

IPR Regime and Antitrust Implications of Mergers and Acquisitions: With a Focus on Software and Pharmaceutical Sector

2021 ◽  
pp. 0003603X2199702
Author(s):  
P. L. Beena
Keyword(s):  
Mergers And Acquisitions ◽  
Market Share ◽  
Competition Policy ◽  
Manufacturing Sector ◽  
Competitive Dynamics ◽  
Regulatory Mechanisms ◽  
Relevant Market ◽  
Knowledge Based ◽  
Start Ups ◽  
Abuse Of Dominance

This article seeks to analyze the trends and patterns of mergers and acquisitions (M&As) during the Trade-Related Intellectual Property Rights regime and addresses the antitrust issues related to innovation and competition in the framework of competition policy. Empirical evidence supports the view that enhancing size in terms of corporate control of equity, product market share, and innovation market share could be the motivations for the M&A phenomenon in the sector such as software and pharmaceuticals. These sectors were able to extract relatively more profit margin as compared to the manufacturing sector. This article further observes anticompetitive practices in terms of pricing and abuse of dominance in these two industries. The study argues for introducing regulatory mechanisms in the competition policy which could address the antitrust implications of M&As that are engaged in by knowledge-based firms and start-ups. This is because such acquisitions can reduce the incentives to innovate or change the innovative and competitive dynamics in the relevant market.

Long-term pricing strategy based on network externalities

2020 ◽  
pp. 1-9
Author(s):  
Jianheng Zhou ◽  
Rongfei Xu
Keyword(s):  
Market Share ◽  
Strategic Behavior ◽  
Stackelberg Game ◽  
Network Externalities ◽  
New Product ◽  
Total Revenue ◽  
Strategic Pricing ◽  
Second Stage ◽  
Product Sales

In product sales with network externalities, a Stackelberg game model is established with a new product and an existing product in the market, investigating the influence of first-mover strategy and non-strategic pricing model on the pricing, market share, and profit of an enterprise. Furthermore, the influence of network externalities and transfer costs on the strategies of latecomers is studied. Finally, the market equilibrium is analyzed. The results show that under the strategic pricing, the first entrant grabs the market share with low price and low profit in the first stage, to obtain greater network externalities in the second stage, enhance the competitiveness with latecomer, and make the total revenue greater. Given network externalities and transfer costs, the strategic behavior of the first entrant makes it harder for the later entrant to enter the market.

Averaging of temporal memories under conditions of incomplete information

2011 ◽  
Author(s):  
Joseph Leman ◽  
Matthew S. Matell ◽  
Michael Brown
Keyword(s):  
Incomplete Information

PENGARUH KUALITAS PELAYANAN DAN PROMOSI TERHADAP PERLUASAN PANGSA PASAR PRODUK DANA TALANGAN HAJI DI BANK SYARIAH MANDIRI KCP UJUNGBERUNG DAN KCP RANCAEKEK BANDUNG

2018 ◽  
Vol 2 (1) ◽  
pp. 1-15
Author(s):  
Intan Nurrachmi
Keyword(s):  
Quality Of Service ◽  
Service Quality ◽  
Market Share ◽  
Significant Influence ◽  
Strong Correlation ◽  
T Test ◽  
Market Expansion ◽  
Difference Constraints ◽  
Branch Office

This study departs from the hajj bailout financing facility which is a booming product because of the customer's interest, but in this case there is a difference in the target achievement between Bank Syariah Mandiri (BSM) Ujungberung KCP which is less successful in improving the hajj bailout products while the Rancaekek KCP is very superior in one consolidation Ahmad Yani Branch Office Bandung. This is what is interesting for researchers to carry out this research, the difference constraints include service quality and promotion factors. This phenomenon raises problems that must be examined, namely how the influence of service quality and promotion of market share expansion products hajj bailouts at Bank Syariah Mandiri KCP Ujungberung and KCP Rancaekek Bandung. This study aims academically to contribute in the study of Islamic economics in worksheets, especially the quality of service and promotion of market share expansion and practically expected to be able to provide input to all employees of BSM KCP Ujungberung regarding the quality of service and promotion of market expansion of bailout products. Hajj that has been successfully carried out by BSM KCP Rancaekek.The conclusion of this study is that there is a significant influence of service quality on the expansion of market share by 53.3% with a strong correlation of 0.730 and through t test, where t counts at 8.245 (> t table), then H_0 is rejected and H_i is accepted. Furthermore, there is a significant influence of promotion on the expansion of market share by 30.3% with a moderate / sufficient correlation of 0.550 through t test, where t counts is 4.219 (> t table), then H_ (0) is rejected and H_i is accepted. Then there is a significant influence of service quality and promotion simultaneously to the expansion of market share by 60.6% and a strong correlation of 0.784 and through Test F, where F count is 67.023 (> F table), then 〖H〗 _ ( 0) rejected and H_i accepted.

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