New study by Róbert Somogyi and co-authors published in Games and Economic Behavior
Price competition with capacity uncertainty – feasting on leftovers Robert Somogyi – Wouter Vergote – Gabor Virag Games and Economic Behavior Volume 140, July 2023, Pages 253-271 Abstract There is ample empirical evidence documenting that large firms set significantly lower prices than smaller, capacity-constrained, firms. This is paradoxical in light of […]