英文摘要 |
This paper examines issues related to pricing leadership of retailers of two manufacturers and two retailers under the structure of sole distributor channel. In contrast with literature review, this paper conducts discussion on the assumption of fixed and flexible non-linear demand function and concludes with three major findings as follows: 1. Under the known price competition between retailers, retailers adopt cost markup pricing and not margin pricing proposed by literature review. 2. Under the known sales volume competition between retailers, cost markup pricing is also the optimal choice. 3. When retailers compete for sales volume and adopt cost markup pricing, competition of retailers relate to the characteristics of products; if products of two retailers are alternative or independent goods, retailers will compete over sales volume and if the products are complementary goods, retailers will compete on pricing. |