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and policy debate for a long time. At the beginning of the 1990s the rise of the Internet brought a new surge of debate …: it was argued that the Internet would free the economy from the constraints of geography (Cairncross, 1997) bringing …
Persistent link: https://www.econbiz.de/10011591412
This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set stability concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with...
Persistent link: https://www.econbiz.de/10012510018
This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set stability concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with...
Persistent link: https://www.econbiz.de/10012510023
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