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Equity and policy effectiveness with imperfect targeting

✍ Scribed by Sami Bibi; Jean-Yves Duclos


Book ID
116633679
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
464 KB
Volume
83
Category
Article
ISSN
0304-3878

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Price-matching policy with imperfect inf
✍ Wen Mao πŸ“‚ Article πŸ“… 2005 πŸ› John Wiley and Sons 🌐 English βš– 107 KB

## Abstract The model of price‐matching policy emphasizes on the importance of information imperfection. The demand is derived based on the assumptions that consumers have different reservation prices and different preferences over location. When a firm undercuts its competitor's price, it changes