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Persistent link: https://www.econbiz.de/10001760070
We study the evolution of prices set by duopolists who are uncertain about the perceived degree of product differentiation. Customers sometimes view the products as close substitutes, sometimes as highly differentiated. As the informativeness of the quantities sold increases with the price...
Persistent link: https://www.econbiz.de/10010440972
Persistent link: https://www.econbiz.de/10013428448
Persistent link: https://www.econbiz.de/10001480463
We study the evolution of prices in a symmetric duopoly where firms are uncertain about the degree of product differentiation. Customers sometimes perceive the products as close substitutes, sometimes as highly differentiated. Firms learn about their competitive environment from the quantities...
Persistent link: https://www.econbiz.de/10012771153
We study price-setting duopolists who are uncertain about the degree to which their products are perceived as differentiated. Customers' sensitivity to price differences varies over time and must be estimated from the quantities sold. The information content of these quantities increases with...
Persistent link: https://www.econbiz.de/10014094790
We study the evolution of prices in a symmetric duopoly where firms are uncertain about the degree of product differentiation. Customers sometimes perceive the products as close substitutes, sometimes as highly differentiated. Firms learn about their competitive environment from the quantities...
Persistent link: https://www.econbiz.de/10014209250
Persistent link: https://www.econbiz.de/10013423507