- Menu
- Passa a palavra.
Partilha esta página. - Linked in
- Copiar Url
-
2023
Autores
Soeiro, R; Pinto, AA;
Publicação
PORTUGUESE ECONOMIC JOURNAL
Abstract
We show that in finite settings with identical firms and consumers, asymmetric pure price equilibria with positive profits exist. We consider a price competition duopoly for a homogeneous product. Demand stems from a second-stage consumption game at posted prices, with consumers' behavior impacted by negative network effects. We characterize equilibrium prices and demand. In all subgame-perfect pure price equilibria, both firms have positive profits, and in some, firms charge different prices.
The access to the final selection minute is only available to applicants.
Please check the confirmation e-mail of your application to obtain the access code.