Showing 1 - 5 of 5
Two duopolists compete in price on the market for a homogeneous product. They can 'profile' consumers, i.e., identify their valuations with some probability. If both firms can profile consumers but with different abilities, then they achieve positive expected profits at equilibrium. This...
Persistent link: https://www.econbiz.de/10012858202
Persistent link: https://www.econbiz.de/10012510762
Persistent link: https://www.econbiz.de/10011982983
Persistent link: https://www.econbiz.de/10012016743
that competition drives prices up and reduces total surplus. …
Persistent link: https://www.econbiz.de/10010261097