DYNAMIC PRICE COMPETITION WITH CAPACITY CONSTRAINTS AND A STRATEGIC BUYER
نویسندگان
چکیده
منابع مشابه
Dynamic price competition with capacity constraints and a strategic buyer
We analyze a simple dynamic durable good oligopoly model where sellers are capacity constrained. Two incumbent sellers and potential entrants choose their capacities at the start of the game. We solve for equilibrium capacity choices and the (necessarily mixed) pricing strategies. In equilibrium, the buyer splits the order with positive probability to preserve competition; thus it is possible t...
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ژورنال
عنوان ژورنال: International Economic Review
سال: 2014
ISSN: 0020-6598
DOI: 10.1111/iere.12077