The Relationship between Trigger Price and Punishment Period in Green and Porter (1984) Game made Endogenous

Green and Porter (1984) made a huge contribution to Industrial Organization Theory where a trigger price is defined by firms and whenever the price falls below this trigger price, the firms cease to produce at the monopoly level and enter into a punishment period. Our goal with this paper is to define, endogenously in the model, relationships between the trigger price and the punishment period, which were set exogenously in the original paper.

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Year of publication:	2011-10
Authors:	Brandão, António ; Guimarães, Luís ; Seixas, Carlos
Institutions:	Faculdade de Economia, Universidade do Porto
Subject:	Green and Porter (1984) \| trigger price \| punishment period

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Extent:	application/pdf
Series:	FEP Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	7 pages
Classification:	L13 - Oligopoly and Other Imperfect Markets ; L20 - Firm Objectives, Organization, and Behavior. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009320218