Price increasing competition? Experimental evidence
نویسندگان
چکیده
منابع مشابه
Price Increasing Competition? Experimental Evidence
Economic intuition suggests that increased competition generates lower prices. However, recent theoretical work shows that a monopolist may charge a lower price than a firm facing a competitor selling a differentiated product. The direction of the price change when competition is introduced is dependent upon the joint distribution of buyer values for the two products. We explore this relationsh...
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2012
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2012.09.015