Catalog Competition: Theory and Experiments
Impacto
Scholar |
Otros documentos de la autoría: Barreda-Tarrazona, Iván; García-Gallego, Aurora; Georgantzis, Nikolaos; Xefteris, Dimitris
Metadatos
Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/146085
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INVESTIGACIONMetadatos
Título
Catalog Competition: Theory and ExperimentsFecha de publicación
2015-09-03Tipo de documento
info:eu-repo/semantics/conferenceObjectVersión de la editorial
https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=XXXJEI&pape ...Versión
info:eu-repo/semantics/publishedVersionPalabras clave / Materias
Resumen
This paper studies a catalog competition game: two competing firms decide at the same
time product characteristics and prices in order to maximize profits. Since Dasgupta and
Maskin (1986) it is known that this ... [+]
This paper studies a catalog competition game: two competing firms decide at the same
time product characteristics and prices in order to maximize profits. Since Dasgupta and
Maskin (1986) it is known that this one-shot Hotelling game admits an equilibrium in mixed
strategies but nothing is known about its nature. We consider a discrete space of available
product characteristics and continuous pricing and we fully characterize the unique symmetric
equilibrium of the catalog competition game for any possible degree of risk aversion of the
competing firms. This allows us experimentally test our predictions in both a degenerated
and a genuine mixed strategy elicitation mechanism. [-]
Descripción
Ponència presentada en les XXX Jornadas de Economía Industrial. Alicante, 3-4 septiembre, 2015
Publicado en
XXX Jornadas de Economía Industrial. Alicante, 3-4 septiembre, 2015Datos relacionados
https://editorialexpress.com/conference/XXXJEI/program/XXXJEI.html#6Derechos de acceso
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess