Arbeitspapier
The Role of Limit Pricing in Sequential Entry Models
In this paper we establish a complete characterization of the strategic interaction of firms in sequential entry models. The limit price plays an important coordinating role in non-cooperative sequential entry models. We show that for many firms in a large range of sequential entry equilibria, the limit price is effectively parametric, so that firms make investment decisions in a quasi-competitive manner. Entry deterrence is only pursued by firms at the beginning of the sequence if it is profitable; otherwise it is delegated to the last firms to enter.
- Language
-
Englisch
- Bibliographic citation
-
Series: Queen's Economics Department Working Paper ; No. 836
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
Church, Jeffrey
Ware, Roger
- Event
-
Veröffentlichung
- (who)
-
Queen's University, Department of Economics
- (where)
-
Kingston (Ontario)
- (when)
-
1991
- Handle
- Last update
-
10.03.2025, 11:46 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Church, Jeffrey
- Ware, Roger
- Queen's University, Department of Economics
Time of origin
- 1991
Other Objects (12)
Equilibrium Limit Pricing Doesn't Limit Entry
Limit Pricing, Potential Entry and Barriers to Entry
Oligopoly Limit Pricing
Double Limit Pricing
Dynamic Pricing with Stochastic Entry
Advertising and Limit Pricing
Vertical Licensing, Input Pricing, and Entry
Monopolistic nonlinear pricing with consumer entry
Excess Capacity in Oligopoly with Sequential Entry
Sequential Entry in a Vertically Differentiated Duopoly
Backward ownership, uniform pricing and entry deterrence
Backward Ownership, Uniform Pricing and Entry Deterrence
Equilibrium Limit Pricing Doesn't Limit Entry
Limit Pricing, Potential Entry and Barriers to Entry
Oligopoly Limit Pricing
Double Limit Pricing
Dynamic Pricing with Stochastic Entry
Advertising and Limit Pricing
Vertical Licensing, Input Pricing, and Entry
Monopolistic nonlinear pricing with consumer entry
Excess Capacity in Oligopoly with Sequential Entry
Sequential Entry in a Vertically Differentiated Duopoly
Backward ownership, uniform pricing and entry deterrence
Backward Ownership, Uniform Pricing and Entry Deterrence
Equilibrium Limit Pricing Doesn't Limit Entry
Limit Pricing, Potential Entry and Barriers to Entry
Oligopoly Limit Pricing
Double Limit Pricing
Dynamic Pricing with Stochastic Entry
Advertising and Limit Pricing
Vertical Licensing, Input Pricing, and Entry
Monopolistic nonlinear pricing with consumer entry
Excess Capacity in Oligopoly with Sequential Entry
Sequential Entry in a Vertically Differentiated Duopoly
Backward ownership, uniform pricing and entry deterrence