Benchekroun, Hassan; Martín-Herrán, Guiomar; Taboubi, … - In: Journal of Economic Dynamics and Control 33 (2009) 9, pp. 1699-1718
We identify the conditions under which a myopic pricing behavior could be a profit enhancing tool in the distribution channel. A channel member is myopic when he ignores the evolution of the retail prices when actual and past retail prices affect consumers' purchasing decisions. A differential...