Price competition for an informed buyer

Article Abstract:

Price competition in markets, where buyer has private information on the relative quality of the alternative competitors is investigated. The differences in Hotelling's price competition game are provided.

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Bargaining and markets: Complexity and the competitive outcome

Article Abstract:

The effeviding justification for tcts of complexity costs into dynamic matching and bargaining games are evaluated. The results demonstrate aversion to complexity prohe competitive outcome.

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Professional advice

Article Abstract:

Empirical model of herd behavior of individuals is presented, based on acceptance of reputational cheap-talk as professional advice, is presented.

United Kingdom, Denmark, Behavior Theory, Models, Evaluation, Behavior, Human behavior, Counselors, Persons, Advisory opinions, Human acts, Human behaviour

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