Abstract
This paper addresses the pricing policies of substitutable fresh food products under different market structures. By considering the quality changes of fresh products over time, these paper models a situation wherein substitutable fresh products are sold and the seller makes decisions regarding the times to markdown prices and offer discount rates. Furthermore, the standard and two-level evolution algorithms are adopted to solve numerical cases that involve different market structures. Based on the profit function of each product, the optimal solutions for different market structures" monopoly and monopolistic competition" are derived.
| Original language | English |
|---|---|
| Pages (from-to) | 373-394 |
| Number of pages | 22 |
| Journal | Enterprise Information Systems |
| Volume | 15 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2021 |
Bibliographical note
Publisher Copyright:© 2020 Informa UK Limited, trading as Taylor & Francis Group.
Keywords
- food industry and trade
- food prices
Fingerprint
Dive into the research topics of 'Pricing of fresh food enterprises in different market structures'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver