Undercut-Proof Equilibria

P.B. Morgan and Oz Shy

Working Papers from Tel Aviv

Abstract: We propose an Equilibrium concept, called Undercut-Proof equilibrium, for price competition between firms producing differentiated brands.

Keywords: PRICES; COMPETITION (search for similar items in EconPapers)
JEL-codes: D43 L10 (search for similar items in EconPapers)
Pages: 28 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fth:teavfo:20-96

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