Price and Variety in the Spokes Model
By Yongmin Chen, Michael H. Riordan. 2007
276 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Marketing, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/0d983e8948568f1e6774101662c99ef6efd31af9
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Alexander Mackay
- Zach Y. Brown
- Michael H. Riordan
- Yongmin Chen
- Dmitri Kuksov
- Chenxi Liao
- Benjamin Edelman
- Jacques-François Thisse
In Marketing
- Alexander Mackay
- Zach Y. Brown
- Dmitri Kuksov
- Chenxi Liao
- Benjamin Edelman
- Yongmin Chen
- Michael H. Riordan
- Julian Wright
In Strategy and Management
- Alexander Mackay
- Zach Y. Brown
- Michael H. Riordan
- Benjamin Edelman
- Yongmin Chen
- Dmitri Kuksov
- Chenxi Liao
- Jacques-François Thisse
Citations in the corpus
- Verti-Zontal Differentiation in Export Markets (2013, background): “When preferences exhibit a love-for-variety as in (2), consumers may visit several shops and can buy several units (see Hart, 1985, and Chen and Riordan, 2007) of different varieties of a good.”
- When Showrooming Increases Retailer Profit (2018, result): “Our article is also related to recent studies on when the entry of a competitor into the market increases the profits of the incumbents (e.g., Chen and Riordan 2007; Ishibashi and Matsushima 2009; Pazgal, Soberman, and Thomadsen 2016).”
- Competition in Pricing Algorithms (2020, methodology): “In this way, the model is related to the pyramid model of von UngernSternberg (1991) and the spokes model of Chen and Riordan (2007). However, unlike von Ungern-Sternberg (1991) and Chen and Riordan (2007), our approach allows for the mass of consumers on each segment to be different, including the ”
- Price‐increasing competition (2008, background): “An alternative formulation of su¢ cient conditions for Assumption 2 is based on the function (p; p) = j p) @p j q(p; p) : (7)”
- Price Coherence and Excessive Intermediation (2015, background): “Each buyer incurs a cost ci of joining M i, where ci is i.i.d. across intermediaries from the same distribution G(c) with c ∈ [0, c].”