Revocable pricing can yield collusive outcomes

• 1 January 1986
• journal article
• Published by Elsevier in Economics Letters
• Vol. 22  (1) , 87-90
• https://doi.org/10.1016/0165-1765(86)90148-5

Abstract

Keywords

• MODELS
• PRICE ANNOUNCEMENTS
• IRREVOCABLE PRICE
• ASSUME IRREVOCABLE
• SUBGAME PERFECT
• OUTCOMES TRADITIONAL
• COLLUSIVE OUTCOMES
• PRICE CHANGES