题目:On the Timing and Depth of a Manufacturer’s Sales Promotion Decisions with Forward-looking Consumers
主讲人:普渡大学管理公司刘焱博士
时间:2009年12月3日星期四,下午13:30—15:00
地点:经管公司 舜德楼101室
讲座语言:英文
摘要:This paper investigates a manufacturer’s optimal timing and depth of price promotions over a planning horizon in a frequently purchased packaged goods context. Promotion policy is the equilibrium outcomes of a dynamic game between consumers and the manufacturer. Consumers form expectation over future promotions and strategically time their purchase to coincide with the manufacturer’s promotion events. The forward-looking manufacturer takes this consumer behavior into account and dynamically evaluates promotional response of consumers in each choice segment based on their inventory levels when making optimal promotion decisions.