Price Competition Under Limited Comparability
نویسندگان
چکیده
منابع مشابه
Price Competition under Limited Comparability∗
This paper studies market competition when firms can influence consumers’ ability to compare market alternatives, through their choice of price “formats”. We introduce random graphs as a tool for modeling limited comparability of formats. Our main results concern the interaction between firms’ equilibrium price and format decisions and its implications for industry profits and consumer switchin...
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ژورنال
عنوان ژورنال: The Quarterly Journal of Economics
سال: 2012
ISSN: 0033-5533,1531-4650
DOI: 10.1093/qje/qjr053