Experimental evidence of a sunk–cost paradox: a study of pricing behavior in Bertrand–Edgeworth duopoly
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Cited by:
- Heymann, D. & Kawamura, E. & Perazzo, R. & Zimmermann, M.G., 2014.
"Behavioral heuristics and market patterns in a Bertrand–Edgeworth game,"
Journal of Economic Behavior & Organization, Elsevier, vol. 105(C), pages 124-139.
- Daniel Heymann & Enrique Kawamura & Roberto Perazzo & Martin Zimmermann, 2011. "Behavioral Heuristics and Market Patterns in a Bertrand-Edgeworth Game," Working Papers 108, Universidad de San Andres, Departamento de Economia, revised Mar 2011.
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Keywords
oligopoly; posted prices; capacity constraints; loss avoidance; cost–based pricing;All these keywords.
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