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Input price discrimination in endogenous competition mode: comment.
- Source :
- Japanese Economic Review; Jul2024, Vol. 75 Issue 3, p473-478, 6p
- Publication Year :
- 2024
-
Abstract
- We correct the calculation in Choi and Lim (The Japanese Economic Review 74(2):301–330, 2023) and show that under input price discrimination, the asymmetric outcome that the inefficient retailer chooses Cournot competition and the efficient retailer chooses Bertrand competition never happens. Instead, Cournot competition is the equilibrium. [ABSTRACT FROM AUTHOR]
- Subjects :
- PRICE discrimination
EQUILIBRIUM
RETAIL industry
Subjects
Details
- Language :
- English
- ISSN :
- 13524739
- Volume :
- 75
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Japanese Economic Review
- Publication Type :
- Academic Journal
- Accession number :
- 179971880
- Full Text :
- https://doi.org/10.1007/s42973-023-00134-5