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Mahmood Pedram Krannert School of Management Purdue University 403 W. State Street West Lafayette, IN 47907 EDUCATION Work: (765) 496-6310 Home: (765) 496-4668 Fax: (765) 494-9658 [email protected] Ph.D. in Marketing expected May 2010 Purdue University, Krannert School of Management West Lafayette, IN 47907 M.S. in Electrical and Computer Engineering May 2004 Purdue University, School of Electrical and Computer Engineering West Lafayette, IN 47907 B.S. in Electrical Engineering August 1999 Purdue University, School of Electrical and Computer Engineering West Lafayette, IN 47907 DISSERTATION Essay 1: “Up-Market or Down-Market Stretch: Optimal Sequential Introduction of New Products” Dissertation Committee: Subramanian “Bala” Balachander (chair), Manohar Kalwani, William Robinson In this paper I conduct an analytical study of the optimal timing of introduction of a firm’s products targeted at segments that differ in their willingness to pay for quality. There are many examples where firms introduce a high-quality product followed by a lower-quality version of the product. Past studies have suggested that such a sequence of introduction may mitigate the cannibalization effects of the low-quality product on profits from the high-quality product. However, there are several instances where firms introduce a lower quality model and follow it up with higher quality model. In this paper, I identify the conditions other than technological improvements occurring over time that may justify such a sequential strategy. I show that in the presence of replacement buyers, firms find it optimal to follow a low quality product with a high quality one. Furthermore, the more reluctant replacement buyers are about replacement, the more likely a firm will adopt a low-high strategy. I also show that as the cost of production increases, the likelihood of adoption of such strategy also increases. Essay 2: “Optimal Introductory Product Design and Upgrade Strategies.” Analysis in progress. In this paper I study the introduction strategy of a firm that is releasing a product in a completely new category, which by definition has no replacement buyers. The manufacturer not only has to decide on its optimal sequential strategy for current demand, but has to consider the effects of its actions on future demand when replacement buyers will be in the market as well, after having bought the first generation of its product. I use a game-theoretic model to analyze this problem, and identify conditions under which a firm might pursue different strategies. RESEARCH INTERESTS New Product Introduction, Innovation, Pricing, Competitive Marketing Strategy, Game Theory. RESEARCH IN PROGRESS Pedram, M., S. Balachander, and T. Geylani, “Effect of Demand Conditions on Competitive Product and Pricing Strategies.” (working paper available) Pedram, M. and S. Balachander, “Empirical Analysis of Product Line Strategies.” CONFERENCE “Up-Market or Down-Market Stretch: Optimal Sequential PRESENTATIONS Introduction of New Products,” INFORMS Marketing Science Conference, University of Michigan, Ann Arbor, 2009 CONFERENCES ATTENDED Quantitative Marketing and Economics Conference, 2007 The University of Chicago Graduate School of Business Theory Rich Marketing Modeling Workshop Student Fellow, 2007 Fuqua School of Business, Duke University CIBER Doctoral International Consortium in Marketing, 2006 McCombs School of Business, The University of Texas at Austin HONORS & AWARDS Bilsland Dissertation Fellowship, 2008-2009 Graduate Student Award for Outstanding Teaching, 2008 Krannert Certificate for Distinguished Teaching, 2006, 2007 TEACHING INTERESTS Marketing Management, Marketing Strategy, Pricing, New Product Development, Marketing Models. TEACHING EXPERIENCE Lecturer, Undergraduate Marketing Management, 2005-2008 Krannert School of Management, Purdue University Instructor, Business Information Systems, 2002-2003 University of Wollongong in Dubai, U.A.E. Instructor, Quantitative Methods 1, 2002-2003 University of Wollongong in Dubai, U.A.E. GRADUATE COURSEWORK REFERENCES COURSE INSTRUCTOR Marketing Seminar in Marketing Models Marketing Research Topics Seminar: Marketing Models Seminar: Marketing PhD Seminar Subramanian Balachander Xin Wang Manohar Kalwani Pradeep Chintagunta Economics Mathematical Economics Microeconomic Theory Game Theory Industrial Organization William Novshek William Novshek Charalambos Aliprantis Dan Kovenock Econometrics & Statistics Probability and Statistics Econometrics I Econometrics II Microeconometrics Applied Industrial Organization Bayesian Applied Decision Theory Christian Dahl Jason Abrevaya Rao Kadiyala Jason Abrevaya Ralph Seibert John Deely Subramanian Balachander Associate Professor of Management Krannert School of Management Purdue University, West Lafayette, IN 47907 Phone: (765) 494-4466; e-mail: [email protected] Manohar Kalwani OneAmerica Professor of Management Krannert School of Management Purdue University, West Lafayette, IN 47907 Phone: (765) 494-4400; e-mail: [email protected] William T. Robinson Associate Professor of Management Krannert School of Management Purdue University, West Lafayette, IN 47907 Phone: (765) 494-4432; e-mail: [email protected]