Dynamic Limit and Predatory Pricing Under Uncertainty (Written in Korean)
In this paper, a simple game-theoretic entry deterrence model is developed that integrates both limit pricing and predatory pricing. While there have been extensive studies which have dealt with predation and limit pricing separately, no study so far has analyzed these closely related practices in a...
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Format: | Article |
Language: | English |
Published: |
Korea Development Institute
1991-05-01
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Series: | KDI Journal of Economic Policy |
Online Access: | https://doi.org/10.23895/kdijep.1991.13.1.151 |