Oligopoly limit-pricing in the lab

DOI10.1016/J.GEB.2008.06.003MaRDI QIDQ1021604zbMATH OpenOpenAlexFDO

Authors W. Müller, Yaron Yehezkel, Yossi Spiegel

Publication date 8 June 2009

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

Full work available at URL https://research.tilburguniversity.edu/en/publications/2f596fe7-d2d9-4429-8bcf-3e1fa97d118c

zbMATH Keywords

experimentsfull information equilibriummulti-sender signalingoligopoly limit pricingstrategy methodunprejudiced beliefs

Mathematics Subject Classification ID

Signaling and communication in game theory (91A28) Experimental studies (91A90) Auctions, bargaining, bidding and selling, and other market models (91B26) Economics of information (91B44) General equilibrium theory (91B50)

Recommendations

• Entry deterrence and limit pricing under asymmetric information about common costs
• Limit Pricing when the Potential Entrant is Uncertain of its Cost Function
• Limit pricing under third-degree price discrimination
• Union-oligopoly bargaining and entry deterrence: a reassessment of limit pricing
• Entry deterrence by cheap talk

Cites work

• Finding Groups in Data
• scientific article; zbMATH DE number 1907684 (Why is no real title available?)
• Limit Pricing and Entry under Incomplete Information: An Equilibrium Analysis
• Limit Pricing when the Potential Entrant is Uncertain of its Cost Function
• Polarization and Inefficient Policies

Cited in

(5)

• Union-oligopoly bargaining and entry deterrence: a reassessment of limit pricing
• Entry deterrence and limit pricing under asymmetric information about common costs
• Limit Pricing when the Potential Entrant is Uncertain of its Cost Function
• Limit pricing under third-degree price discrimination
• Entry under uncertainty: limit and most-favored-customer pricing

Describes a project that uses

Uses Software

• Z-Tree
• clusfind
• Stata
• reoprob

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