THE EFFECTS OF NON-BINDING PRICE ANNOUNCEMENTS ON POSTED-OFFER MARKETS

被引：30

作者：

HOLT, CA ^{[1
]}

DAVIS, D ^{[1
]}

机构：

[1] VIRGINIA COMMONWEALTH UNIV,RICHMOND,VA 23284

来源：

ECONOMICS LETTERS | 1990年 / 34卷 / 04期

基金：

美国国家科学基金会;

关键词：

D O I：

10.1016/0165-1765(90)90136-O

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We report four posted-offer triopolies which examine the effects of 'trade-press' style price announcements. Although the injection of announcements increases prices initially, sellers uniformly defect from announced intentions, and prices tend toward pre-announcement levels. © 1990.

引用

页码：307 / 310

页数：4