On the Strategic Choice of Spatial Price Policy.

S-Tier
Journal: American Economic Review
Year: 1988
Volume: 78
Issue: 1
Pages: 122-37

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

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

Abstract

The strategic incentives, with respect to the choice of price policy in spatial competition, are analyzed in a duopoly model. Price discrimination emerges as the unique equilibriu m outcome in games with either simultaneous choice of policy and pric e or sequential choice where firms may commit first to uniform mill p ricing before the actual market stage. Nevertheless, profits may be h igher with uniform pricing. The authors' models are applied to analyz e some common business practices that arise in geographical pricing, like the basing point system, and in the pricing of varieties or opti ons from a base product in a product-differentiation context. Copyright 1988 by American Economic Association.

Technical Details

RePEc Handle
repec:aea:aecrev:v:78:y:1988:i:1:p:122-37
Journal Field
General
Author Count
2
Added to Database
2026-01-29