Competition in a Variety Seeking Market With Brand Name Awareness

This article investigates service and price competition in a variety seeking market, with the consideration of brand name awareness on consumers. Variety seeking behavior is modeled as a decrease in the willingness to pay for product purchased on the previous occasion. Under a three-stage Hotelling-...

Full description

Bibliographic Details
Main Authors: Liyang Xiong, Honglei Yu, Zhanqing Wang
Format: Article
Language:English
Published: SAGE Publishing 2021-04-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/21582440211004154