Price dispersion in duopolies with heterogeneous consumers

B-Tier
Journal: International Journal of Industrial Organization
Year: 2009
Volume: 27
Issue: 2
Pages: 197-205

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, I modify Varian's [Varian, H.R. (1980). A model of sales, American Economic Review, 70(4), 651-659] model of sales to allow for heterogeneity in consumer preferences. I show that in mixed strategy equilibria each firm charges a finite number of prices. Using this characterization, I examine the effect of consumer heterogeneity on firms' optimal pricing strategies.

Technical Details

RePEc Handle
repec:eee:indorg:v:27:y:2009:i:2:p:197-205
Journal Field
Industrial Organization
Author Count
1
Added to Database
2026-01-29