Duopoly competition in presence of free trial

Sachdev, Anvit; Kanjilal, Kiriti (Advisor)

dc.contributor.author	Sachdev, Anvit
dc.contributor.author	Kanjilal, Kiriti (Advisor)
dc.date.accessioned	2022-04-02T05:09:08Z
dc.date.available	2022-04-02T05:09:08Z
dc.date.issued	2021-05
dc.identifier.uri	http://repository.iiitd.edu.in/xmlui/handle/123456789/1010
dc.description.abstract	A very common business strategy in the market of goods is to provide a free trial version of their good or service. This is done to increase the demand as well as the brand value of the product. Some common examples of the business models which work on this business strategy include Jio sim cards, Netflix, Amazon Prime, Antivirus software, and many other websites. This aims to extend the monopoly free trial model of (H. Cheng and Y. Liu, 2008)[1] to duopoly competition. We find the optimal price and free trial time in simultaneous and sequential games to study the duopoly competition in presence of free trial time. We also discover the dependency of equilibrium price, free trial time, and profit on the misfit cost of the software and the speed of consumer’s belief update about the functionality of the software	en_US
dc.language.iso	en_US	en_US
dc.publisher	IIIT- Delhi	en_US
dc.subject	Free trial	en_US
dc.subject	Software free trial	en_US
dc.subject	Product trial	en_US
dc.subject	Duopoly competition	en_US
dc.subject	Netflix	en_US
dc.subject	Aazon Prime	en_US
dc.title	Duopoly competition in presence of free trial	en_US
dc.type	Other	en_US