It takes two to tango: equilibria in a model of sales

DOI10.1016/0899-8256(92)90033-OzbMath0799.90018OpenAlexW2158457469MaRDI QIDQ1195600

Michael R. Baye, Casper G. de Vries, Dan Kovenock

Publication date: 12 January 1993

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0899-8256(92)90033-o

zbMATH Keywords

mixed-strategycontinuum of asymmetric equilibrialocked-in consumersmetagameunique subgame perfect equilibriumunique symmetric equilibriumVarian model of sales

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Other game-theoretic models (91A40) Auctions, bargaining, bidding and selling, and other market models (91B26) General equilibrium theory (91B50)

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Uses Software

• MetaGame

Cites Work

• Unnamed Item
• Price competition in a capacity-constrained duopoly
• The all-pay auction with complete information
• The Existence of Equilibrium in Discontinuous Economic Games, I: Theory
• The Nature of Equilibrium in a Location Model
• Games with Discontinuous Payoffs
• The War of Attrition in Continuous Time with Complete Information

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