On the Existence of Hagging and Posted Prices in the Presence of Shoppers.

We derive conditions under which all sellers bargain in (the Nash) equilibrium and yet other conditions under which all sellers post fixed prices. Some fraction of buyers have zero search costs but buyers are otherwise identical.

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Year of publication:	1996
Authors:	Hyde, C.E.
Institutions:	Department of Economics, Faculty of Business and Economics
Subject:	BARGAINING \| PRICES

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Series:	Department of Economics - Working Papers Series.
Type of publication:	Book / Working Paper
Notes:	Number 513 24 pages
Classification:	C78 - Bargaining Theory; Matching Theory ; D40 - Market Structure and Pricing. General ; E64 - Incomes Policy; Price Policy
Source:	RePEc - Research Papers in Economics

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