On the strategic choice of spatial price policy: the role of the pricing game rules
AbstractThe strategic choice of spatial price policy under duopoly crucially depends on the rules of price competition. We show that under simultaneous price competition and under leader-follower price competition (with the discriminatory firm being the leader), the pricing policy game is not, as stated by Thisse and Vives (1988), a Prisoner's Dilemma.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 12 (2001)
Issue (Month): 2 ()
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- Martín Arroyuelos, Ana María & Aguirre Pérez, Iñaki, 2001. "On the strategic choice of spatial price policy: the role of the pricing game rules," BILTOKI 2001-04, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística).
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- D4 - Microeconomics - - Market Structure and Pricing
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"On the Strategic Choice of Spatial Price Policy,"
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UFAE and IAE Working Papers
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- Aguirre, Inaki & Paz Espinosa, Maria, 2004.
"Product differentiation with consumer arbitrage,"
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- Espinosa Alejos, María Paz & Aguirre Pérez, Iñaki, 2003. "Product Differentiation with Consumer Arbitrage," BILTOKI 2003-04, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística).
- Espinosa Alejos, María Paz & Aguirre Pérez, Iñaki, 2003. "Product Differentiation with Consumer Arbitrage," DFAEII Working Papers 2003-04, University of the Basque Country - Department of Foundations of Economic Analysis II.
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