Supermarket Pricing And Game Theory: The Presence Of Wal-Mart
Wal-Mart is a giant in the grocery industry and its influence is growing at a rapid pace. Despite Wal-Mart's success with Everyday Low Pricing (EDLP), there is little to no evidence to suggest that other supermarket chains wish to follow a similar path. Why? This research addresses this question.
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- Jacob K. Goeree & Charles A. Holt, 2001.
"Ten Little Treasures of Game Theory and Ten Intuitive Contradictions,"
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