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动态价格竞争、干中学与策略性买方

Dynamic Price Competition, Learning-by-Doing, and Strategic Buyers
American Economic Review · 2022 · Andrew Sweeting、Dun Jia、Shen Hui、Xinlu Yao

中文摘要

我们考察了在卖方受益于干中学的动态价格竞争模型中,策略性买方行为如何影响均衡结果,该模型允许每个买方期望获取未来买方剩余的一定份额。当买方期望获取哪怕是适度的未来剩余份额时,许多在买方仅考虑其即时收益时存在的均衡便被消除,而得以存续的均衡则是那些更有可能维持长期市场竞争的均衡。我们的结果与反垄断政策相关,且我们的方法可能对未来的动态竞争分析有所助益。(JEL C73, D21, D43, D83, K21, L13, L40)

Abstract

We examine how strategic buyer behavior affects equilibrium outcomes in a model of dynamic price competition where sellers benefit from learning-by-doing by allowing each buyer to expect to capture a share of future buyer surplus. Many equilibria that exist when buyers consider only their immediate payoffs are eliminated when buyers expect to capture even a modest share of future surplus, and the equilibria that survive are those where long-run market competition is more likely to be preserved. Our results are relevant for antitrust policy and our approach may be useful for future analyses of dynamic competition. (JEL C73, D21, D43, D83, K21, L13, L40)
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