{"id":"https://openalex.org/W3123240965","doi":"https://doi.org/10.5220/0006118200470056","title":"Optimal Price Reaction Strategies in the Presence of Active and Passive Competitors","display_name":"Optimal Price Reaction Strategies in the Presence of Active and Passive Competitors","publication_year":2017,"publication_date":"2017-01-01","ids":{"openalex":"https://openalex.org/W3123240965","doi":"https://doi.org/10.5220/0006118200470056","mag":"3123240965"},"language":"en","primary_location":{"id":"doi:10.5220/0006118200470056","is_oa":true,"landing_page_url":"https://doi.org/10.5220/0006118200470056","pdf_url":null,"source":null,"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 6th International Conference on Operations Research and Enterprise Systems","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://doi.org/10.5220/0006118200470056","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5040299204","display_name":"Rainer Schl\u00f6\u00dfer","orcid":"https://orcid.org/0000-0002-6627-4026"},"institutions":[{"id":"https://openalex.org/I143288331","display_name":"Hasso Plattner Institute","ror":"https://ror.org/058rn5r42","country_code":"DE","type":"facility","lineage":["https://openalex.org/I143288331","https://openalex.org/I176453806"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Rainer Schlosser","raw_affiliation_strings":["Hasso Plattner Institute, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Hasso Plattner Institute, Germany","institution_ids":["https://openalex.org/I143288331"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5090167252","display_name":"Martin Boissier","orcid":"https://orcid.org/0000-0003-4161-5979"},"institutions":[{"id":"https://openalex.org/I143288331","display_name":"Hasso Plattner Institute","ror":"https://ror.org/058rn5r42","country_code":"DE","type":"facility","lineage":["https://openalex.org/I143288331","https://openalex.org/I176453806"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Martin Boissier","raw_affiliation_strings":["Hasso Plattner Institute, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Hasso Plattner Institute, Germany","institution_ids":["https://openalex.org/I143288331"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I143288331"],"apc_list":null,"apc_paid":null,"fwci":11.3321,"has_fulltext":false,"cited_by_count":7,"citation_normalized_percentile":{"value":0.98101336,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":null,"issue":null,"first_page":"47","last_page":"56"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.978600025177002,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.978600025177002,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.9397000074386597,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/competitor-analysis","display_name":"Competitor analysis","score":0.8402937650680542},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4641987085342407},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.25369971990585327},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.12952062487602234}],"concepts":[{"id":"https://openalex.org/C127576917","wikidata":"https://www.wikidata.org/wiki/Q624630","display_name":"Competitor analysis","level":2,"score":0.8402937650680542},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4641987085342407},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.25369971990585327},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.12952062487602234}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.5220/0006118200470056","is_oa":true,"landing_page_url":"https://doi.org/10.5220/0006118200470056","pdf_url":null,"source":null,"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 6th International Conference on Operations Research and Enterprise Systems","raw_type":"proceedings-article"},{"id":"pmh:oai:kobv.de-opus4-uni-potsdam:56466","is_oa":true,"landing_page_url":"https://publishup.uni-potsdam.de/frontdoor/index/index/docId/56466","pdf_url":null,"source":{"id":"https://openalex.org/S4306400594","display_name":"publish.UP (University of Potsdam)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I176453806","host_organization_name":"University of Potsdam","host_organization_lineage":["https://openalex.org/I176453806"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"conferenceobject"}],"best_oa_location":{"id":"doi:10.5220/0006118200470056","is_oa":true,"landing_page_url":"https://doi.org/10.5220/0006118200470056","pdf_url":null,"source":null,"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 6th International Conference on Operations Research and Enterprise Systems","raw_type":"proceedings-article"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W4391375266","https://openalex.org/W2748952813","https://openalex.org/W2358804928","https://openalex.org/W4225710828","https://openalex.org/W1998528887","https://openalex.org/W2965538880","https://openalex.org/W2143282039","https://openalex.org/W2528370785","https://openalex.org/W4200335562","https://openalex.org/W2861933770"],"abstract_inverted_index":{"Many":[0],"markets":[1],"are":[2,9,110,143],"characterized":[3],"by":[4,112],"pricing":[5,27,40],"competition.":[6],"Typically,":[7],"competitors":[8,19,109,115],"involved":[10],"that":[11,50,72,116,123],"adjust":[12],"their":[13],"prices":[14],"in":[15,131],"response":[16,48,105],"to":[17,45,86,93,101,135],"other":[18],"with":[20],"different":[21],"frequencies.":[22],"We":[23,59,70],"analyze":[24],"stochastic":[25],"dynamic":[26],"models":[28],"under":[29],"competition":[30],"for":[31],"the":[32,52,65],"sale":[33],"of":[34,107],"durable":[35],"goods.":[36],"Given":[37],"a":[38,76,80,129],"competitor\u2019s":[39,54],"strategy,":[41],"we":[42,99],"show":[43,71],"how":[44],"derive":[46],"optimal":[47,104],"strategies":[49,106,126],"take":[51],"anticipated":[53],"price":[55,62],"adjustments":[56],"into":[57],"account.":[58],"study":[60,100],"resulting":[61],"cycles":[63],"and":[64],"associated":[66],"expected":[67],"long-term":[68],"profits.":[69],"reaction":[73,96],"frequencies":[74],"have":[75],"major":[77],"impact":[78],"on":[79],"strategy\u2019s":[81],"performance.":[82],"In":[83],"order":[84],"not":[85],"act":[87],"predictable":[88],"our":[89],"model":[90],"also":[91],"allows":[92],"include":[94],"randomized":[95],"times.":[97],"Additionally,":[98],"which":[102],"extent":[103],"active":[108],"affected":[111],"additional":[113],"passive":[114],"use":[117],"constant":[118],"prices.":[119],"It":[120],"turns":[121],"out":[122],"optimized":[124],"feedback":[125],"effectively":[127],"avoid":[128],"decline":[130],"price.":[132],"They":[133],"help":[134],"gain":[136],"profits,":[137],"especially,":[138],"when":[139],"aggressive":[140],"competitor":[141],"s":[142],"involved.":[144]},"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":1}],"updated_date":"2026-07-31T08:31:51.225901","created_date":"2025-10-10T00:00:00"}
