Showing 1 - 10 of 1,964
.e., prices of many retail products decline during peak-demand periods. Second, by allowing �rms to use bundling strategies, the … model sheds new light on how bundling a¤ects market performance. In a search environment, bundling tends to reduce consumer … search intensity, which can soften competition and reverse the usual welfare assessment of competitive bundling in a perfect …
Persistent link: https://www.econbiz.de/10009652940
Bertrand competition under decreasing returns involves a wide interval of pure strategy equilibrium prices. We first present results of experiments in which two, three and four identical firms repeatedly interact in this environment. Less collusion with more firms leads to lower average prices....
Persistent link: https://www.econbiz.de/10010851468
We study collusive behaviour in experimental duopolies that compete in prices under dynamic demand conditions. In one treatment the demand grows at a constant rate. In the other treatment the demand declines at another constant rate. The rates are chosen so that the evolution of the demand in...
Persistent link: https://www.econbiz.de/10005150907
We study collusive behaviour in experimental duopolies that compete in prices under dynamic demand conditions. In one treatment the demand grows at a constant rate. In the other treatment the demand declines at another constant rate. The rates are chosen so that the evolution of the demand in...
Persistent link: https://www.econbiz.de/10010547202
We study the relation between the number of firms and price-cost margins under price competition with uncertainty about competitors' costs. We present results of an experiment in which two, three and four identical firms repeatedly interact in this environment. In line with the theoretical...
Persistent link: https://www.econbiz.de/10010547452
We show the existence of Nash equilibria in a Bertrand oligopoly price competition game using a possibly asymmetric …
Persistent link: https://www.econbiz.de/10009218517
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 …
Persistent link: https://www.econbiz.de/10009226087
We study collusive behaviour in experimental duopolies that compete in prices under dynamic demand conditions. In one treatment the demand grows at a constant rate. In the other treatment the demand declines at another constant rate. The rates are chosen so that the evolution of the demand in...
Persistent link: https://www.econbiz.de/10010552266
Persistent link: https://www.econbiz.de/10005812802
We study collusive behaviour in experimental duopolies that compete in prices under dynamic demand conditions. In one treatment the demand grows at a constant rate. In the other treatment the demand declines at another constant rate. The rates are chosen so that the evolution of the demand in...
Persistent link: https://www.econbiz.de/10005168492