| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| A Network Model of Price Dispersion | |
| Giacomo Pasini; Paolo Pin; Simon Weidenholzer | |
| 发表日期 | 2008 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | We analyze a model of price competition Ü la Bertrand in a network environment. Firms only have a limited information on the structure of network: they know the number of potential customers they can attract and the degree distribution of customers. This incomplete information framework stimulates the use of Bayesian-Nash equilibrium. We find that, if there are customers only linked to one firm, but not all of them are, then an equilibrium in randomized strategies fails to exist. Instead, we find a symmetric equilibrium in randomized strategies. Finally, we test our results on US gasoline data. We find empirical evidence consistent with firms playing random strategies. |
| 特色分类 | D43,D85,L11 |
| 关键词 | Bertrand Competition,Bayesian- Nash Equilibrium,Mobility Index |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/a-network-model-of-price-dispersion/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117553 |
| 推荐引用方式 GB/T 7714 | Giacomo Pasini,Paolo Pin,Simon Weidenholzer. A Network Model of Price Dispersion. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL2008-028.pdf（494KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
