Asking Prices as Commitment Devices

DOI10.2307/2527250zbMath0862.90053OpenAlexW3122350932MaRDI QIDQ4715243

Robert W. Rosenthal, Yongmin Chen

Publication date: 12 November 1996

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2527250

zbMATH Keywords

monopolyduopolistic competitionpotential buyer

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (5)

Competition with list prices ⋮ INFORMATION FRICTIONS AND HOUSING MARKET DYNAMICS ⋮ The buy price in auctions with discrete type distributions ⋮ Meet the lemons: an experiment on how cheap-talk overcomes adverse selection in decentralized markets ⋮ Auctions with an asking price

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