Effective price-matching: a comment

Authors
Citation
Tr. Kaplan, Effective price-matching: a comment, INT J IND O, 18(8), 2000, pp. 1291-1294
Citations number
5
Categorie Soggetti
Economics
Journal title
INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION
ISSN journal
01677187 → ACNP
Volume
18
Issue
8
Year of publication
2000
Pages
1291 - 1294
Database
ISI
SICI code
0167-7187(200012)18:8<1291:EPAC>2.0.ZU;2-T
Abstract
Corts [Economic Lett. 47 (1995) 417] showed that when allowing for price-be ating policies in addition to price-matching policies, the competitive outc ome prevails in lieu of monopoly pricing. I show by expanding the strategy set further to include effective price strategies, the possibility of monop oly pricing is restored. (C) 2000 Elsevier Science B.V. All rights reserved .