Market share inertia with more than two firms
Economics LettersPublished 1 January 1986
Suzanne Scotchmer
Citations7
SJR quartileQ2
SJR score0.76
SNIP0.98
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Abstract
When there is market share inertia, there may exist an equilibrium in pure price strategies in a duopoly. But when the number of firms is greater than two, such an equilibrium never exists.
Keywords
Decision SciencesEconomics, Econometrics and Finance
Journal of Economic TheoryA dynamic model of duopoly with customer loyalties
28 Citations1982Robert W. Rosenthal