Planning their surcharge policy for the holiday shipping surge, UPS and FedEx each was influenced by the Prisoners’ Dilemma.
There’s No Such Thing As Free Shipping
Just like there’s no such thing as a free lunch, for consumers, retailers and shippers, there’s no such thing as free shipping.
How Firms Compete With Hidden Messages
Have you noticed the arrow in FedEx’s logo? Especially because, in class, we have been looking at how oligopolies compete, I appreciated what this BusinessInsider slideshow said about their logos: A competitive market structure shapes business behavior. For oligopolies, that…
