Asking Prices as Commitment Devices

DOI10.2307/2527250zbMATH Open0862.90053OpenAlexW3122350932MaRDI QIDQ4715243FDOQ4715243

Authors: Yongmin Chen, Robert W. Rosenthal 

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

Recommendations

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zbMATH Keywords

monopolyduopolistic competitionpotential buyer

Mathematics Subject Classification ID

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

Cited In (7)

• Competing with asking prices
• Housing market discount rates: evidence from bargaining and bidding wars
• Competition with list prices
• Auctions with an asking price
• 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

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