We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …

considered here rests on the view that IT makes the acquisition of knowledge cheaper, which intensifies competition among workers … specialized in knowledge production. Those who lose in such competition end up displaced to occupations with a lower knowledge … inequality. The least skilled do not participate in this competition, as they are not specialized in knowledge production; they …

This paper analyzes the interaction between price and inventory decisions in an oligopoly industry and its implications … endogenous prices and strategic oligopoly competition. We show that the optimal decision rule is an (S, s) order policy and … competition in prices, (S, s) inventory behavior together with demand uncertainty generates endogenous cyclical patterns in prices …

competition, and the incentive for licensing is higher under price competition than under quantity competition. Our qualitative …We show that a monopolist final goods producer may find it profitable to create competition by licensing its technology … the former situation. We also show that licensing by the monopolist is profitable under both quantity and price …

strategy dominates traditional entry where the entrant just offers a lower price because it restrains the ability of the … incumbent to block entry by limit pricing. We also consider adding a price ceiling to insure customers against future price … Besonderheit der Markteintrittsstrategie von E WIE EINFACH besteht darin, anstatt eines eigenständigen Preisangebots den Preis des …

This paper analyzes the interaction between price and inventory decisions in an oligopoly industry and its implications … endogenous prices and strategic oligopoly competition. We show that the optimal decision rule is an (S, s) order policy and … competition in prices, (S, s) inventory behavior together with demand uncertainty generates endogenous cyclical patterns in prices …

stage each firm chooses its price. The unique equilibrium prices and market shares are affected by consumer awareness of the …

present paper analyzes the equilibrium of a sequence of ?rst-price auctions assuming bidders have stable private values. We …

intensity of price competition and the level of customer information about past expert behavior influence an expert’s incentive … under price competition than when prices are fixed. The price decline under competitive prices superimposes quality … competition. More customer information does not necessarily decrease the level of fraud. …

selects a unique Nash equilibrium price. This selection agrees with available experimental findings. …