Entry Deterrence and Price Competition under Asymmetric Information
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Maeng, Jooyol | - |
dc.contributor.author | Choi, Sungyong | - |
dc.date.accessioned | 2021-07-30T05:26:08Z | - |
dc.date.available | 2021-07-30T05:26:08Z | - |
dc.date.created | 2021-05-14 | - |
dc.date.issued | 2016-12 | - |
dc.identifier.issn | 1225-1100 | - |
dc.identifier.uri | https://scholarworks.bwise.kr/hanyang/handle/2021.sw.hanyang/4858 | - |
dc.description.abstract | We study limit pricing in a price-based duopoly market under asymmetric information on the demand state. An incumbent, who is a monopolist in the initial period, has complete information on the size of a market, while a potential entrant only knows it partially. After observing the sales price of the incumbent in the first period, the entrant decides whether to enter a duopoly market and the sales price if she chooses to. We present a separating perfect Bayesian equilibrium, which indicates that limit pricing can deter the entry of a potential entrant under price competition when there is information asymmetry about the demand state. | - |
dc.language | 영어 | - |
dc.language.iso | en | - |
dc.publisher | 한국경영과학회 | - |
dc.title | Entry Deterrence and Price Competition under Asymmetric Information | - |
dc.title.alternative | 비대칭적 정보 하에서 진입 억제와 가격 경쟁 | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Choi, Sungyong | - |
dc.identifier.doi | 10.7737/KMSR.2016.33.4.065 | - |
dc.identifier.bibliographicCitation | 경영과학, v.33, no.4, pp.65 - 75 | - |
dc.relation.isPartOf | 경영과학 | - |
dc.citation.title | 경영과학 | - |
dc.citation.volume | 33 | - |
dc.citation.number | 4 | - |
dc.citation.startPage | 65 | - |
dc.citation.endPage | 75 | - |
dc.type.rims | ART | - |
dc.type.docType | 정기학술지(Article(Perspective Article포함)) | - |
dc.identifier.kciid | ART002186014 | - |
dc.description.journalClass | 2 | - |
dc.description.isOpenAccess | N | - |
dc.description.journalRegisteredClass | kci | - |
dc.subject.keywordAuthor | Price-Based Duopoly Market | - |
dc.subject.keywordAuthor | Limit Pricing | - |
dc.subject.keywordAuthor | Asymmetric Information | - |
dc.subject.keywordAuthor | Signaling Game(Production and Operations Management) | - |
dc.identifier.url | http://koreascience.or.kr/article/JAKO201609636668776.page | - |
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