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Are low-price promises collusion guarantees? An experimental test of price matching policies

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  • Enrique Fatas

    ()

  • Juan Mañez

    ()

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File URL: http://hdl.handle.net/10.1007/s10108-006-9012-0
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Bibliographic Info

Article provided by Springer in its journal Spanish Economic Review.

Volume (Year): 9 (2007)
Issue (Month): 1 (March)
Pages: 59-77

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Handle: RePEc:spr:specre:v:9:y:2007:i:1:p:59-77

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Related research

Keywords: Price-matching guarantees; Experimental economics; C91; L11;

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References

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  1. Jeffrey Milyo & Joel Waldfogel, 1998. "The Effect of Price Advertising on Prices: Evidence in the Wake of 44 Liquormart," Discussion Papers Series, Department of Economics, Tufts University 9807, Department of Economics, Tufts University.
  2. Aaron S. Edlin and Eric R. Emch., 1997. "The Welfare Losses from Price Matching Policies," Economics Working Papers 97-257, University of California at Berkeley.
  3. Cary A. Deck & Bart J. Wilson, 2003. "Automated Pricing Rules in Electronic Posted Offer Markets," Economic Inquiry, Western Economic Association International, vol. 41(2), pages 208-223, April.
  4. Dufwenberg, Martin & Gneezy, Uri, 1998. "Price Competition and Market Concentration: An Experimental Study," Working Paper Series 1998:8, Uppsala University, Department of Economics.
  5. Maria Arbatskaya & Morten Hviid & Greg Shaffer, 1999. "On the incidence and Variety of Low-Price Guarantees," CIE Discussion Papers 1999-10, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
  6. Rachel Croson & Enrique Fatás & Tibor Neugebauer, 2004. "Reciprocity, Matching and Conditional Cooperation in Two Public Goods Games," Economic Working Papers at Centro de Estudios Andaluces E2004/32, Centro de Estudios Andaluces.
  7. Garcia-Gallego, Aurora & Georgantzis, Nikolaos, 2001. "Multiproduct activity in an experimental differentiated oligopoly," International Journal of Industrial Organization, Elsevier, vol. 19(3-4), pages 493-518, March.
  8. Png, I P L & Hirshleifer, D, 1987. "Price Discrimination through Offers to Match Price," The Journal of Business, University of Chicago Press, vol. 60(3), pages 365-83, July.
  9. Doyle, Christopher, 1988. "Different selling strategies in Bertrand oligopoly," Economics Letters, Elsevier, vol. 28(4), pages 387-390.
  10. Baye, Michael R. & Kovenock, Dan, 1994. "How to sell a pickup truck : 'Beat-or-pay' advertisements as facilitating devices," International Journal of Industrial Organization, Elsevier, vol. 12(1), pages 21-33, March.
  11. Morten Hviid & Greg Shaffer, 1999. "Hassle Costs: The Achilles' Heel of Price-Matching Guarantees," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 8(4), pages 489-521, December.
  12. Edlin, Aaron S. & Emch, Eric R., 1999. "The Welfare Losses from Price-Matching Policies," Berkeley Olin Program in Law & Economics, Working Paper Series qt43b7w47c, Berkeley Olin Program in Law & Economics.
  13. Kaplan, Todd R., 2000. "Effective price-matching: a comment," International Journal of Industrial Organization, Elsevier, vol. 18(8), pages 1291-1294, December.
  14. Hviid, M. & Shaffer, G., 1994. "Do Low-Price Guarantees Facilitate Collusion?," Papers 94-01, Michigan - Center for Research on Economic & Social Theory.
  15. Enrique Fatás & Nikolaos Georgantzís & Juan Máñez & Gerardo Sabater-Grande, 2005. "Pro-competitive Price Beating Guarantees: Experimental Evidence," Review of Industrial Organization, Springer, vol. 26(1), pages 115-136, November.
  16. Plott, Charles R., 1989. "An updated review of industrial organization: Applications of experimental methods," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 2, chapter 19, pages 1109-1176 Elsevier.
  17. Enrique Fatas & Tibor Neugebauer & Bruno Broseta, 2001. "Asset Markets And Equilibrium Selection In Public Goods Games With Provision Points: An Experimental Study," Working Papers. Serie AD 2001-29, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  18. Benson, Bruce L. & Faminow, M. D., 1988. "The impact of experience on prices and profits in experimental duopoly markets," Journal of Economic Behavior & Organization, Elsevier, vol. 9(4), pages 345-365, June.
  19. C. Monica Capra & Jacob K Goeree & Rosario Gomez & Charles A Holt, 2002. "Learning and Noisy Equilibrium Behavior in an Experimental Study of Imperfect Price Competition," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(3), pages 613-636, August.
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