Quality and Quantity Competition

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Release : 1977
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Quality and Quantity Competition - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quality and Quantity Competition write by Avinash Kamalakar Dixit. This book was released on 1977. Quality and Quantity Competition available in PDF, EPUB and Kindle.

Quality and Quantity Competition

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Release : 1982
Genre : Commercial products
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Quality and Quantity Competition - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quality and Quantity Competition write by Esther Gal-Or. This book was released on 1982. Quality and Quantity Competition available in PDF, EPUB and Kindle.

Endogenous Quality Choice

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Release : 2019
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Endogenous Quality Choice - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Endogenous Quality Choice write by Tarek H. Selim. This book was released on 2019. Endogenous Quality Choice available in PDF, EPUB and Kindle. The present paper is concerned with providing a core model to address the issue of firms simultaneously competing in both prices and quantities (capacity levels) within a simple duopoly market setting where products are asymmetrically differentiated by endogenous quality location. A three-stage competitive framework is introduced such that non-collusive firms compete in quality location, followed by choice of fixed capacity, and finally, they compete in prices. There is a continuum of consumers uniformly distributed along a vertical quality street of product locations. In general, a Bertrand-Nash equilibrium with fixed Cournot quantities (fixed capacity) is achieved. Firms tend to move away from minimum differentiation as quality cross-effects in fixed cost investments become less severe, but not necessarily choosing quality locations which would lead towards an outcome of maximum differentiation. An output asymmetry always exists at equilibrium such that the high quality firm always carries excess production capacity relative to the low quality firm. Total production capacity, however, may not fully cover market demand for an incumbent duopoly.

Quality and Competition

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Release : 1973
Genre : Business & Economics
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Quality and Competition - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quality and Competition write by Lawrence Abbott. This book was released on 1973. Quality and Competition available in PDF, EPUB and Kindle.

Competing on Supply Chain Quality

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Release : 2016-05-30
Genre : Business & Economics
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Book Rating : 510/5 ( reviews)

Competing on Supply Chain Quality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Competing on Supply Chain Quality write by Anna Nagurney. This book was released on 2016-05-30. Competing on Supply Chain Quality available in PDF, EPUB and Kindle. This book lays the foundations for quality modeling and analysis in the context of supply chains through a synthesis of the economics, operations management, as well as operations research/management science literature on quality. The reality of today's supply chain networks, given their global reach from sourcing locations to points of demand, is further challenged by such issues as the growth in outsourcing as well as the information asymmetry associated with what producers know about the quality of their products and what consumers know. Although much of the related literature has focused on the micro aspects of supply chain networks, considering two or three decision-makers, it is essential to capture the scale of supply chain networks in a holistic manner that occurs in practice in order to be able to evaluate and analyze the competition and the impacts on supply chain quality in a quantifiable manner. This volume provides an overview of the fundamental methodologies utilized in this book, including optimization theory, game theory, variational inequality theory, and projected dynamical systems theory. It then focuses on major issues in today's supply chains with respect to quality, beginning with information asymmetry, followed by product differentiation and branding, the outsourcing of production, from components to final products, to quality in freight service provision. The book is filled with numerous real-life examples in order to emphasize the generality and pragmatism of the models and tools. The novelty of the framework lies in a network economics perspective through which the authors identify the underlying network structure of the various supply chains, coupled with the behavior of the decision-makers, ranging from suppliers and manufacturers to freight service providers. What is meant by quality is rigorously defined and quantified. The authors explore the underlying dynamics associated with the competitive processes along with the equilibrium solutions. As appropriate, the supply chain decision-makers compete in terms of quantity and quality, or in price and quality. The relevance of the various models that are developed to specific industrial sectors, including pharmaceuticals and high technology products, is clearly made. Qualitative analyses are provided, along with effective, and, easy to implement, computational procedures. Finally, the impacts of policy interventions, in the form of minimum quality standards, and their ramifications, in terms of product prices, quality levels, as well as profits are explored. The book is filled with many network figures, graphs, and tables with data.