Competition in posted prices with stochastic discounts
We study price competition between firms over public list or posted prices when a fraction of consumers (termed 'bargainers') can subsequently receive discounts with some probability. Such stochastic discounts are a feature of markets in which some consumers bargain explicitly; of markets...
| Үндсэн зохиолчид: | , |
|---|---|
| Формат: | Working paper |
| Хэвлэсэн: |
University of Oxford
2013
|