Mei-Yu Lee
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2 publications
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157 downloads
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820 views
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0 books
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Risky strategies with payoff mean changed in 2×2 simulation-based game: a normal distribution case
Yao-Hsien Lee , Mei-Yu LeeProblems and Perspectives in Management Volume 12, 2014 Issue #4 (cont. 2)
Views: 478 Downloads: 255 TO CITE -
Price competition between shrink-wrap software and cloud service firms under a stochastic model
Kuei-Yuan Cheng , Yao-Hsien Lee , Mei-Yu Lee doi: http://dx.doi.org/10.21511/ppm.14(2-2).2016.02Problems and Perspectives in Management Volume 14, 2016 Issue #2 (cont. 2) pp. 272-276
Views: 989 Downloads: 158 TO CITEThe authors establish a stochastic model of the price competition between shrink-wrap software and cloud service firms. They show that cloud service firms earn higher profits, but face higher risks compared to shrink-wrap software firms. In order to attract customers and earn higher profits, the authors obtain the result that shrink-wrap software firms need to focus on pricing strategies, by contrast, cloud service firms need to focus on quantity strategies