Conference
Leaving the Tier: Asymmetry in Pricing Patterns in Online High Tech Shops
Abstract
Using simulation and empirical analysis, we examine asymmetry in pricing patterns within high-tech markets, where market leaders lead in both price increases and decreases. We examine 475,866 prices and 51,260 price changes for 810 high-tech products from 26 vendors over 283 days. We show that price premiums exist for the market leaders, but these leaders also engage in aggressive price decreases where market followers are unable or unwilling …
Authors
Wood CA; Ray S; Messinger P
Pagination
pp. 1-10
Publication Date
January 2010
DOI
10.1109/HICSS.2010.464
Conference proceedings
2010 43rd Hawaii International Conference on System Sciences