Price leadership in a homogeneous product market

DOI10.1007/S00712-011-0212-1zbMath1225.91022OpenAlexW2125124726MaRDI QIDQ645567

Toshihiro Matsumura, Daisuke Hirata

Publication date: 10 November 2011

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00712-011-0212-1

zbMATH Keywords

endogenous timingcost differencesincreasing marginal costsprice leadershipprice undercutting

Mathematics Subject Classification ID

Hierarchical games (including Stackelberg games) (91A65) Microeconomic theory (price theory and economic markets) (91B24)

Related Items (5)

Who should be pricing leader in the presence of customer returns? ⋮ Environmental corporate social responsibility under price competition and the second‐mover advantage: An endogenous timing approach ⋮ Rebate decisions and leadership strategy in competing supply chain with heterogeneous consumers ⋮ A generalized framework for endogenous timing in duopoly games and an application to price-quantity competition ⋮ Price competition or price leadership

Cites Work

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• First Mover and Second Mover Advantages
• The Existence of Equilibrium in Discontinuous Economic Games, I: Theory
• Price Leadership

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