Pricing
Two firms set a price on the same grid in the same period, each seeing the other's last move and not this one. Returns the price to set, the profit at it, and how both change with your inputs.
Result
solvingSolving…
Profit at every price on the grid
The price ladder
Rival's price
What moves it
| Rival unit cost | Price | Profit |
|---|---|---|
| Solving… | ||
Every row is a separate solve with only this input changed. Rows that return a different recommendation are marked.
Inputs
Logit price coefficient. Higher means buyers switch harder for the same 10c.
Difference in logit quality. Zero means the two products are interchangeable at equal prices.
Private label, a different pack size, or leaving with neither. Sets where the outside option sits.
How exactly each firm optimises: near zero is close to random, high is close to exact best response. Scales with your profit units.
9 levels on the grid.