Patterns of competitive interaction

We explore patterns of price competition in an oligopoly where consumers vary in the set of firms they consider for their purchase and buy from the lowest‐priced firm they consider. We study a pattern of consideration, termed “symmetric interactions,” that generalizes models used in existing work (d...

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Bibliographic Details
Main Authors: Armstrong, M, Vickers, J
Format: Journal article
Language:English
Published: Wiley 2022