Fatás, Enrique; Georgantzís, Nikolaos; Máñez, Juan A.; … - In: Applied Economics 45 (2013) 1, pp. 15-35
In a symmetric differentiated experimental duopoly we test the ability of Price Guarantees (PGs) to raise prices above the competitive levels. Different types of PGs (‘aggressive’ and ‘soft’ price-beating and price-matching) are implemented either as an exogenously imposed market rule or...