COMPETITION, ADVERTISING AND MEETING COMPETITION CLAUSES

被引:7
作者
LEVY, DT
GERLOWSKI, DA
机构
[1] University of Baltimore, Baltimore
关键词
D O I
10.1016/0165-1765(91)90214-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
Pricing according to 'meeting competition clauses' (MCC's) is often argued to enforce collusive agreements. Our analysis incorporates uncertainty and advertising. We show, within a spatial model, that MCC's permit price discrimination, but at the expense of lower profits. © 1991.
引用
收藏
页码:217 / 221
页数:5
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