We use a game-theoretic model to examine how information personalization by firms interacts with different dimensions of product differentiation (namely, horizontal and vertical differentiation). We consider the possibility that consumers attach different importance to various types of product differentiation, and report the equilibrium in terms of the “quality–fit” ratio, which measures the re...

This paper analyzes the interdependence between the firms’ technology choice and innovation. Previous literature argues that product flexibility and product innovation are complements, because flexible machines handle a large variety of product designs with low changeover times. In a model where technology is chosen before uncertain demand is realized, we show that long-run technology, by impos...

Nitrogen is produced mainly from its most abundant source, the air, using three processes: membrane, pressure swing adsorption (PSA) and cryogenic. The most common method for evaluating a process is using the selection diagrams based on feasibility studies. Since the selection diagrams are presented by different companies, they are biased, and provide unsimilar and even controversial results. I...

The following is a report to TimeBase describing the findings of DSTC Pty Ltd regarding a technology assessment of the TimeBase MALT product.

I this paper we characterize the impact of production technology on the optimal product line design. We analyze a problem in which a manufacturer segments the market on quality attributes and offers products that are partial substitutes. Because consumers self-select from the product line, product cannibalization is an issue. In addition, the manufacturer sets a production schedule in order to ...