Forward induction and sunk costs give average cost pricing

DOI10.1016/0899-8256(91)90023-8zbMath0751.90011OpenAlexW2061344442MaRDI QIDQ1192630

Jean Pierre Ponssard

Publication date: 27 September 1992

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0899-8256(91)90023-8

zbMATH Keywords

forward inductionincreasing returns to scale

Mathematics Subject Classification ID

Applications of game theory (91A80) Microeconomic theory (price theory and economic markets) (91B24) Multistage and repeated games (91A20)

Related Items (4)

A theory of forward induction in finitely repeated games ⋮ Efficiency of dynamic quantity competition: A remark on Markovian equilibria ⋮ Selection in dynamic entry games ⋮ Self enforceable paths in extensive form games

Cites Work

• Unnamed Item
• Self enforceable paths in extensive form games
• Stable equilibria and forward induction
• Reexamination of the perfectness concept for equilibrium points in extensive games
• Non-cooperative games
• Sequential Equilibria
• On the Strategic Stability of Equilibria

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