Price competition in markets with customer testing: the captive customer effect

DOI10.1007/s00199-007-0250-7zbMath1147.91016OpenAlexW2166476263MaRDI QIDQ926224

Ulrich Lehmann-Grube, Heidrun C. Hoppe

Publication date: 26 May 2008

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-007-0250-7

zbMATH Keywords

testingmixed strategiessubgame-perfect equilibriumHotelling's modeliterated elimination of strictly dominated strategies

Mathematics Subject Classification ID

Applications of game theory (91A80) Microeconomic theory (price theory and economic markets) (91B24) Other game-theoretic models (91A40) Multistage and repeated games (91A20)

Related Items

Price competition or price leadership

Cites Work

• Location-then-price competition with uncertain consumer tastes
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• Unnamed Item