Showing 1 - 10 of 676,983
Persistent link: https://www.econbiz.de/10010406307
Persistent link: https://www.econbiz.de/10012167263
-horizon, discrete-time game. Our goal is to identify the Markov perfect stationary equilibria where the seller can maintain his monopoly … power. We establish that the set of parameters supporting a monopoly outcome is larger when the seller offers different …
Persistent link: https://www.econbiz.de/10012431895
Persistent link: https://www.econbiz.de/10011869187
-quality menus to segment the market. We show that, contrary to the Coase conjecture for the homogeneous durable good monopoly …
Persistent link: https://www.econbiz.de/10012628729
Persistent link: https://www.econbiz.de/10012612712
A durable good monopolist faces a continuum of heterogeneous customers who make purchase decisions by comparing present and expected price-quality offers. The monopolist designs a sequence of price-quality menus to segment the market. We consider the Markov Perfect Equilibrium (MPE) of a game...
Persistent link: https://www.econbiz.de/10012619439
Persistent link: https://www.econbiz.de/10012878298
Persistent link: https://www.econbiz.de/10000831939
Persistent link: https://www.econbiz.de/10000835849