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Advertising and pricing to deter or accommodate entry when demand is unknown: Comment

1994; Elsevier BV; Volume: 12; Issue: 1 Linguagem: Inglês

10.1016/0167-7187(94)90028-0

1873-7986

Svend Albæk, Per Baltzer Overgaard,

Economic theories and models

We strengthen the results in a paper by Bagwell and Ramey (International Journal of Industrial Organization, 1990, 8, 93–113) to show that under their assumptions no intuitive pooling equilibrium exists. It follows that a uniqueness result can be established under quite standard assumptions.