Mixed strategy trade equilibria
January 1992
Article
pp 281-293.
| Related Files |
|---|
|
(MixedStrategy_1992.pdf, 1.8MB) |
Considers the hybrid situation where some customers care only about the price while others have a brand preference or care about product characteristics.
Keywords
- free trade
- consumer behavior
- market structure
- Polar cases
- intermediate cases
- perfect competition vs. monopolistic competition
- trade issues