Two-Period Dynamic versus Fixed-Ratio Pricing Policies under Duopoly Competition

Table 1

A comparison between this study and the existing literature.

Literatures	market circumstances	dynamic pricing	fixed-ratio pricing	strategic consumer behavior
[5, 8–12]	monopoly	✓	✘	✓
[13–19]	monopoly	✘	✓	✓
[20, 21]	competition	✓	✘	✓
[22, 23]	competition	✓	✓	✓
[6]	zigzag competition	✓	✘	✘
[24]	zigzag competition	✓	✘	✓
this paper	zigzag competition	✓	✓	✓