Pricing and production in consumer markets where sales depend on production

被引：0
|
作者：
Farm, Ante [1 ]
机构：
[1] Stockholm Univ, Swedish Inst Social Res SOFI, S-10691 Stockholm, Sweden
来源：
ECONOMICS LETTERS | 2017年 / 154卷
关键词：
Pricing; Consumer markets; Price leadership; Proportional rationing;
D O I：
10.1016/j.econlet.2017.02.021
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper deals with consumer markets where sales depend on production. Assuming that a firm's sale is proportional to its production, it shows that a price leader will set a price which maximizes its industry's revenues in market's with many small firms, independent of their cost functions. (C) 2017 Elsevier B.V. All rights reserved.
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页码：17 / 19
页数：3
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