From: Intertemporal pricing strategies for fashion tech products with consumption externalities
Snobs | Followers | |
---|---|---|
first period | \({q_{1}^{s}}=\theta (1-(p_{2}+\frac {p_{1}-p_{2}}{\epsilon }-\alpha))\) | \({q_{1}^{f}}=(1-\theta)(1-(p_{2}+\frac {p_{1}-p_{2}}{\epsilon }+\beta))\) |
second period | \({q_{2}^{s}}=\theta (\frac {p_{1}-p_{2}}{\epsilon }-\alpha)\) | \({q_{2}^{f}}=(1-\theta)(\frac {p_{1}-p_{2}}{\epsilon }+\beta)\) |