We analyse the effects of a price floor on price wars (or deep price cuts) in the retail market for gasoline. Bertrand … supergame oligopoly models predict that price wars should last longer in the presence of price floors. In 1996, the introduction … of a price floor in the Quebec retail market for gasoline serves as a natural experiment with which to test this …

countries, but the magnitude is not the same in all countries. This paper assesses the impact of rising rice price on poverty …

Based on two experimental studies in which college students participated, this paper investigates the impact of price … display in the luxury sector on low-end brands perceived luxury and attitude. In Study 1, we show that price display is … and conspicuousness. In addition, Study 2 indicates no negative effect of price display on perceptions of luxury for a …

engage simultaneously in capacity (production) and, after production levels are made public, there is sequential price … competition in the second stage. Randomizing the order of play in the price subgame, we can find: (i) that the Cournot outcome can …

. The results show that, from an individual perspective, perceptions of free admission are linked to perceptions of price …