An alternating-move price-setting duopoly model with stochastic costs

Article Abstract:

The nature of price wars and the conditions arising out of firms alternating price cuts with each other in deviations off of the equilibrium are studied as also the cases where the technology gap is not so large between the firms. Situations where rival firms repeatedly undercut each otherEs prices are examined with examples and the conclusions.

Marketing procedures, Venture Analysis, Methods, Analysis, Marketing, Business enterprises, Company marketing practices

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Bargaining versus posted price competition in customer markets

Article Abstract:

Research compares posted price to bilateral bargaining markets. In the laboratory market sessions, there is a cost to switch sellers. Findings indicate that efficiency is lower and prices are higher and stickier when haggling is involved.

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Retail price cycles and the presence of small firms

Article Abstract:

Research is conducted on the effect that the number of outlets that a retailer has determines price cycles and price rigidity. The hypothesis is that the smaller companies are more able to keep prices constant.

Commodity & service prices, Petroleum Refineries, Petroleum refining, Gasoline, Prices and rates, Company pricing policy

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