Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5066903 | European Economic Review | 2013 | 17 Pages |
Abstract
⺠I model competing sellers who differ in the value of their outside options. ⺠The value of each seller's outside option can be inferred from her pricing decision. ⺠Sellers with a high outside-option choose to a fixed price.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Robert G. Hammond,