The only dance in town: unique equilibrium in a generalized model of price competition

We study a canonical model of simultaneous price competition between firms that sell a homogeneous good to consumers who are characterized by the number of prices they are exogenously aware of. Our setting subsumes many employed in the literature over the last several decades. We show there is a uni...

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Bibliographic Details
Main Authors: Johnen, J, Ronayne, D
Format: Journal article
Language:English
Published: Wiley 2021