A Specialist's Quoted Depth as a Strategic Choice Variable.

There are two distinct components to a specialist's price schedule, prices and debths. This paper presents a model of a specialist's problem of choosing prices and debths jointly in order to maximize profits.

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Year of publication:	1996
Authors:	Kavajecz, K.A.
Institutions:	Rodney L. White Center for Financial Research, Wharton School of Business
Subject:	PRICES \| MODELS \| PROFIT

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Series:	Rodney L. White Center for Financial Research Working Papers.
Type of publication:	Book / Working Paper
Notes:	32 pages
Classification:	D20 - Production and Organizations. General ; D21 - Firm Behavior ; D40 - Market Structure and Pricing. General ; D49 - Market Structure and Pricing. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005245333