Commitment and price competition in a dynamic differentiated-product duopoly

DOI10.1007/BF01231210MaRDI QIDQ1601971zbMATH OpenOpenAlexFDO

Authors Michael R. Baye, Shyh-Fang Ueng

Publication date 1 July 2002

Published in Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf01231210

zbMATH Keywords

closed-form solutionsduopolistic environmentdynamic price competitionlinear demandlinear Markov-perfect equilibriumprice commitment

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62)

Recommendations

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• Commitment to a strategy of uniform pricing in a two-period duopoly with switching costs

Cites work

• A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs
• A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles
• The Folk Theorem in Repeated Games with Discounting or with Incomplete Information

Cited in

(10)

• Commitment for storable good duopoly
• Edgeworth cycles with partial price commitment
• Experimentation and learning in a differentiated-products duopoly
• Price competition and innovation in markets with brand loyalty
• Market share dynamics in a duopoly model with word-of-mouth communication
• scientific article; zbMATH DE number 4207174 (Why is no real title available?)
• Commitment and entry-deterrence in a model of duopoly
• A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs
• A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles
• Quality and price competition in a duopoly under product liability and traceability

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