Monopoly pricing in the binary herding model (Q946355)

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scientific article; zbMATH DE number 5346093
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Monopoly pricing in the binary herding model
scientific article; zbMATH DE number 5346093

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    Monopoly pricing in the binary herding model (English)
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    23 September 2008
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    The paper under review studies a monopoly pricing model in the binary herding model, learning stops for some values of parameters at intermediate and extreme beliefs.
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    public information
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    social learning
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    informational cascade
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    binary signal
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