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Price-Matching Policy and the Principle of Minimum Differentiation

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  • Zhang, Z John

Abstract

This paper shows that if duopolists are allowed to choose their product locations, a price-matching policy, and their prices sequentially and independently, both tacit collusion and minimum differentiation occur. Copyright 1995 by Blackwell Publishing Ltd.

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  • Zhang, Z John, 1995. "Price-Matching Policy and the Principle of Minimum Differentiation," Journal of Industrial Economics, Wiley Blackwell, vol. 43(3), pages 287-299, September.
    • Handle: RePEc:bla:jindec:v:43:y:1995:i:3:p:287-99
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