From: Intertemporal pricing strategies for fashion tech products with consumption externalities
Snobs (θ) | Followers (1−θ) | |
---|---|---|
first period | \(v>\max \{ p_{1}-\alpha \epsilon, p_{2}+\frac {p_{1}-p_{2}}{\epsilon }-\alpha \}\) | \(v>\max \{ p_{1}+\beta \epsilon, p_{2}+\frac {p_{1}-p_{2}}{\epsilon }+\beta \}\) |
second period | \(p_{2}<v<p_{2}+\frac {p_{1}-p_{2}}{\epsilon }-\alpha \) | \(p_{2}<v<p_{2}+\frac {p_{1}-p_{2}}{\epsilon }+\beta \) |