The American Economic Review, Volume 87,Edições 4-5American Economic Association., 1997 |
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Demand Uncertainty and Price Maintenance : Markdowns as Destructive Competition By RAYMOND DENECKERE , HOWARD P. MARVEL , AND JAMES PECK * This paper offers a new theory of destructive competition . We compare minimum resale price ...
Demand Uncertainty and Price Maintenance : Markdowns as Destructive Competition By RAYMOND DENECKERE , HOWARD P. MARVEL , AND JAMES PECK * This paper offers a new theory of destructive competition . We compare minimum resale price ...
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... competition , we first extend our model by including in it a population of con- sumers with total mass normalized to ... competition game between physicians is constructed . We are not di- rectly concerned with this construction , but ...
... competition , we first extend our model by including in it a population of con- sumers with total mass normalized to ... competition game between physicians is constructed . We are not di- rectly concerned with this construction , but ...
Página 701
... competition.26 Next , suppose that treatment and effort are substitutes : dτldɛ < 0. We have seen from Propositions 2 and 3 that the implementable set may be restricted by d ≥ -c . Suppose that without competition ( or alternatively ...
... competition.26 Next , suppose that treatment and effort are substitutes : dτldɛ < 0. We have seen from Propositions 2 and 3 that the implementable set may be restricted by d ≥ -c . Suppose that without competition ( or alternatively ...
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