List prices, bargaining and resultant productivity diffusion delay

List prices, bargaining and resultant productivity diffusion delay

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List prices are not completely credible as take it or leave it prices: buyers are able to seek reductions by bargaining with firms. We show that this realisation leads to the existence of a critical threshold number of competitors in an industry which depends on fundamentals. In industries with fewe...

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Autor principal:	Thanassoulis, J
Format:	Working paper
Publicat:	University of Oxford 2005

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