کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5078325 1477342 2011 20 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Price dynamics and collusion under short-run price commitments
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Price dynamics and collusion under short-run price commitments
چکیده انگلیسی
We consider a dynamic homogeneous oligopoly in which firms set prices repeatedly. Theory predicts that short-run price commitments increase profits and may lead to less price stability. The experiments that we conducted provide support for the first effect and against the second effect when a random ending rule is applied. When a fixed ending rule is applied, we find no significant impact of short-run price commitments on profits and price stability.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Industrial Organization - Volume 29, Issue 1, January 2011, Pages 134-153
نویسندگان
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