Competition in posted prices with bargaining
In this paper we study price competition between firms when some consumers attempt tobargain while others buy at the public list or posted prices. Even though bargainers succeed innegotiating discounts off the list prices, their presence dampens competitive pressure in the marketby reducing the ince...
| Main Authors: | , |
|---|---|
| Format: | Working paper |
| Published: |
University of Oxford
2013
|