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A Duopoly Model of Pricing for Inventory Liquidation

Sushil Bikhchandani

出版	Western Management Science Institute, University of California, Los Angeles, 1987
URL	http://books.google.com.hk/books?id=iCerHAAACAAJ&hl=&source=gbs_api

註釋

The authors consider the problem of pricing to liquidate inventory in a duopoly. The problem is modelled as a multi-player game with complete information. The unique Nash equilibrium for the game, which is also sequential, involves mixed strategies for the sellers. The equilibrium extends in a limited fashion to multi-period and many seller situations. Keywords: Economic models. (kr).