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Social learning and delay in a dynamic model of price competition

Aoyagi, Masaki; Bhallay, Manaswini; Gunayz, Hikmet - 2014

This paper studies dynamic price competition over two periods between two firms selling differentiated durable goods to two buyers who are privately informed about their types, but have valuations of the two goods dependent on the other buyer's type. The firms' pricing strategy in period 1 must...

Persistent link: https://www.econbiz.de/10010381472

Social learning and delay in a dynamic model of price competition

Aoyagi, Masaki; Bhalla, Manaswini; Gunay, Hikmet - In: Journal of economic theory 165 (2016), pp. 565-600

Persistent link: https://www.econbiz.de/10011650153

Information acquisition, signaling and learning in duopoly

Jeitschko, Thomas D.; Liu, Ting; Wang, Tao - 2016

Persistent link: https://www.econbiz.de/10011698549

Information acquisition, signaling and learning in duopoly

Jeitschko, Thomas D.; Liu, Ting; Wang, Tao - 2016

We study firms' incentives to acquire private information in a setting where subsequent competition leads to firms' later signaling their private information to rivals. Due to signaling, equilibrium prices are distorted, and so while firms benefit from obtaining more precise private information,...

Persistent link: https://www.econbiz.de/10011548620

Bounded rationality in differentiated markets and in the polity

Hain, Roland - 2001 - 1. Aufl.

Persistent link: https://www.econbiz.de/10001607509

The different effect of consumer learning on incentives to differentiate in Cournot and Bertrand competition

Conze, Maximilian; Kramm, Michael - 2017

We combine two extensions of the differentiated duopoly model of Dixit (1979), namely Caminal and Vives (1996) and …Wir kombinieren zwei Erweiterungen des Duopol Models mit differenzierten Gütern von Dixit (1979), genauer die von … Anreize der Firmen zur Produktdifferenzierung im Cournot und im Bertrand Wettbewerb zu analysieren. Die Produkte haben eine …

Persistent link: https://www.econbiz.de/10011582620

Information acquisition, signaling and learning in duopoly

Jeitschko, Thomas D.; Liu, Ting; Wang, Tao - In: International journal of industrial organization 61 (2018), pp. 155-191

Persistent link: https://www.econbiz.de/10012103418

Learning to Collude in a Pricing Duopoly

Meylahn, Janusz M; den Boer, Arnoud - 2021

-approximation and mathematically prove that, if implemented independently by two price-setting firms in a duopoly, prices will converge …

Persistent link: https://www.econbiz.de/10013250334

Heterogeneous learning in Bertrand competition with differentiated goods

Kopányi, Dávid - In: Managing market complexity : the approach of artificial …, (pp. 155-166). 2012

Persistent link: https://www.econbiz.de/10009579934

Versioning : go vertical in a horizontal market?

Dey, Debabrata; Lahiri, Atanu - In: Journal of management information systems : JMIS 33 (2016) 2, pp. 546-572

Persistent link: https://www.econbiz.de/10011616136