Price Dynamics in a Two-Period Reputation Model
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| Natura: | Artículo científico |
| Lingua: | en |
| Pubblicazione: |
El Colegio de México, A.C.
2001
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| _version_ | 1876446696190246912 |
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| author | Dragan Filipovich |
| author_facet | Dragan Filipovich |
| contents | Price Dynamics in a Two-Period Reputation Model Dragan Filipovich Economía y Finanzas This paper looks at the time-path of prices in a two-period modified version of the reputation model of Milgrom and Roberts(10) in which a non-standard price signalling stage game is substituted for the entry-deterrence game those authors work with. It shows that prices may rise or fall from one period to the next. Also, it shows that bonding is not possible in this environment 2001 artículo científico 0188-6916 https://www.redalyc.org/articulo.oa?id=59716202 en http://www.redalyc.org/revista.oa?id=597 Estudios Económicos application/pdf El Colegio de México, A.C. Estudios Económicos (México) Num.2 Vol.16 |
| format | Artículo científico |
| id | redalyc_59716202 |
| institution | Redalyc |
| language | en |
| publishDate | 2001 |
| publisher | El Colegio de México, A.C. |
| spellingShingle | Price Dynamics in a Two-Period Reputation Model Dragan Filipovich Economía y Finanzas Price Dynamics in a Two-Period Reputation Model Dragan Filipovich Economía y Finanzas This paper looks at the time-path of prices in a two-period modified version of the reputation model of Milgrom and Roberts(10) in which a non-standard price signalling stage game is substituted for the entry-deterrence game those authors work with. It shows that prices may rise or fall from one period to the next. Also, it shows that bonding is not possible in this environment 2001 artículo científico 0188-6916 https://www.redalyc.org/articulo.oa?id=59716202 en http://www.redalyc.org/revista.oa?id=597 Estudios Económicos application/pdf El Colegio de México, A.C. Estudios Económicos (México) Num.2 Vol.16 |
| title | Price Dynamics in a Two-Period Reputation Model |
| topic | Economía y Finanzas |
| url | https://www.redalyc.org/articulo.oa?id=59716202 |