Mak, Vincent; Rapoport, Amnon; Gisches, Eyran J. - In: Games and Economic Behavior 75 (2012) 1, pp. 250-264
We propose an equilibrium model of duopolistic dynamic pricing in which a buyer alternates between two sellers for price offers over a finite time horizon. The game ends when the buyer accepts a price offer or the selling season is over, whichever comes first. Previous research (Granot et al.,...