García Díaz, Antón; Hernán González, Roberto; … - In: International Journal of Industrial Organization 27 (2009) 6, pp. 719-727
List, or retail, pricing is a widely used trading institution where firms announce a price that may be discounted at a later stage. Competition authorities view list pricing and discounting as a procompetitive practice. We modify the standard Bertrand-Edgeworth duopoly model to include list...