Buyer’s equilibrium with capacity constraints and restricted mobility: A recursive approach
نویسندگان
چکیده
منابع مشابه
Dynamic price competition with capacity constraints and strategic buyers
We analyze a simple dynamic framework where sellers are capacity constrained over the length of the game. Buyers act strategically in the market, knowing that their purchases may affect future prices. The model is examined when there are single and multiple buyers, with both linear and non-linear pricing. We find that, in general, there are only mixed strategy equilibria and that sellers get a ...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2013
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2012.11.012