Pricing and Technology Adoption in Markets with Imperfect Competition

Pricing and Technology Adoption in Markets with Imperfect Competition
Author :
Publisher :
Total Pages : 238
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ISBN-10 : OCLC:1011597870
ISBN-13 :
Rating : 4/5 (70 Downloads)

Book Synopsis Pricing and Technology Adoption in Markets with Imperfect Competition by : Cornelia Ilin

Download or read book Pricing and Technology Adoption in Markets with Imperfect Competition written by Cornelia Ilin and published by . This book was released on 2017 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation extends the economics literature in industrial organization with two essays on firms' pricing strategies and technology adoption in imperfectly competitive markets. The first essay focuses on the modeling and analysis of the effect of competition on price dispersion in markets with firm capacity constraints and consumer brand loyalty. The second essay explores the evolution of learning and uncertainty in consumers' adoption of a new technology. Given that price is an important factor in consumers' purchase decisions, the exploration of the pricing and adoption issues mentioned above provides insights into both the demand side and the supply side decisions. The analyses are applied to the U.S. biotech and seed industry.


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