Abstract
Corts [Economic Lett. 47 (1995) 417] showed that when allowing for price-beating policies in addition to price-matching policies, the competitive outcome prevails in lieu of monopoly pricing. I show by expanding the strategy set further to include effective price strategies, the possibility of monopoly pricing is restored.
| Original language | English |
|---|---|
| Pages (from-to) | 1291-1294 |
| Number of pages | 4 |
| Journal | International Journal of Industrial Organization |
| Volume | 18 |
| Issue number | 8 |
| DOIs | |
| State | Published - Dec 2000 |
| Externally published | Yes |
Keywords
- L10
- Price-matching, Price-beating, Monopoly pricing
ASJC Scopus subject areas
- Industrial relations
- Aerospace Engineering
- Economics and Econometrics
- Economics, Econometrics and Finance (miscellaneous)
- Strategy and Management
- Industrial and Manufacturing Engineering