首页> 外文期刊>Journal of Economics & Management Strategy >PRICE DISPERSION AND CONSUMER RESERVATION PRICES
【24h】

PRICE DISPERSION AND CONSUMER RESERVATION PRICES

机译:价格分散和消费者预订价格

获取原文
获取原文并翻译 | 示例
           

摘要

We describe firm pricing when consumers follow simple reservation price rules. In stark contrast to other models in the literature, this approach yields price dispersion in pure strategies even when firms have the same marginal costs. At the equilibrium, lower price firms earn higher profits. The range of price dispersion increases with the number of firms: the highest price is the monopoly price, while the lowest price tends to marginal cost. The average transaction price remains substantially above marginal cost even with many firms. The equilibrium pricing pattern is the same when prices are chosen sequentially.
机译:当消费者遵循简单的预订价格规则时,我们描述了公司定价。与文献中的其他模型形成鲜明对比的是,即使企业具有相同的边际成本,这种方法也会在纯策略中产生价格分散。在均衡状态下,价格较低的公司可以获得较高的利润。价格分散的范围随公司数量的增加而增加:最高价格是垄断价格,而最低价格则倾向于边际成本。即使有许多公司,平均交易价格仍大大高于边际成本。依次选择价格时,均衡定价模式相同。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号