Electronic Resource
Oxford, UK
:
Blackwell Publishing Ltd
Bulletin of economic research
55 (2003), S. 0
ISSN:
1467-8586
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Economics
Notes:
This paper extends the retroactive most-favoured-customer pricing policy examined by Cooper (1986). He showed that the policy enabled both firms in a duopoly to offer higher prices and to enjoy higher profits. This paper introduces a variable into the most-favoured-customer pricing policy. Then, it shows that there is an equilibrium in which the duopolists can further increase their profits.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/1467-8586.00184
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