Limit Pricing by Noncooperative Oligopolists (Written in Korean)
A Milgrom-Roberts style signalling model of limit pricing is developed to analyze the possibility and the scope of limit pricing in general, noncooperative oligopolies. The model contains multiple incumbent firms facing a potential entrant and assumes an information asymmetry between incumbents and...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
1990-05-01
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| Series: | KDI Journal of Economic Policy |
| Online Access: | https://doi.org/10.23895/kdijep.1990.12.1.127 |