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Commitment and price competition in a dynamic differentiated-product duopoly

Author

Listed:
  • Michael Baye
  • Shyh-Fang Ueng

Abstract

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Suggested Citation

  • Michael Baye & Shyh-Fang Ueng, 1999. "Commitment and price competition in a dynamic differentiated-product duopoly," Journal of Economics, Springer, vol. 69(1), pages 41-52, February.
  • Handle: RePEc:kap:jeczfn:v:69:y:1999:i:1:p:41-52
    DOI: 10.1007/BF01231210
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    File URL: http://hdl.handle.net/10.1007/BF01231210
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    References listed on IDEAS

    as
    1. Maskin, Eric & Tirole, Jean, 1987. "A theory of dynamic oligopoly, III : Cournot competition," European Economic Review, Elsevier, vol. 31(4), pages 947-968, June.
    2. 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.
    3. 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 365-383, July.
    4. Friedman, James W, 1990. "A Modification of the Folk Theorem to Apply to Time-Dependent Supergames," Oxford Economic Papers, Oxford University Press, vol. 42(2), pages 317-335, April.
    5. Belton, Terrence M., 1987. "A model of duopoly and meeting or beating competition," International Journal of Industrial Organization, Elsevier, vol. 5(4), pages 399-417.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Leufkens Kasper & Peeters Ronald, 2006. "Alternating-move Hotelling with Demand Shocks," Research Memorandum 039, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).

    More about this item

    Keywords

    commitment; Markov-perfect equilibrium; price competition; D43; C72;

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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