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A Model of Dynamic Limit Pricing with an Application to the Airline Industry
entry deterrence limit pricing asymmetric information airlines
2015/9/24
Theoretical models of strategic investment often assume that information is asymmetric, creating incentives forincumbent firms to signal information to deter entry or encourage exit. However, the simp...
POTENTIAL COMPETITION,LIMIT PRICING,AND PRICE ELEVATION FROM EXCLUSIONARY CONDUCT
LIMIT PRICING PRICE ELEVATION EXCLUSIONARY CONDUCT
2015/7/20
Economists have made important progress in recent years in building quantitative models of the strategic interaction of sellers in markets that are imperfectly competitive. One important type of model...