'Limit pricing' diaporamas de présentation

Market Structure and Strategic Competition

Market Structure and Strategic Competition. Chapter 6. Key Concepts. Defining the Market. Ideal market definition should take into account the possibilities for substitution If substitution across goods/services is easy, these goods/services should be considered one market

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Limit Pricing and Entry Deterrence

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Limit Pricing and Entry Deterrence

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Limit Pricing and Entry Deterrence

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Lecture 12

Lecture 12. ECON 4100: Industrial Organization. Limit Pricing and Entry Deterrence. Introduction. A firm that has market power can restrict output by a large enough amount that the market price rises

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