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- W2890740154 abstract "This paper studies the behavior of buyers confronting an incumbent monopolist and a potential market entrant in a repeated trade situation. In the experiment, buyers have two possibilities to demand lower prices in future trade periods. First, they can withhold demand. Second, they can voluntarily pay a higher price to the entrant in order to encourage future re-entry. Both these forms of buyer behavior occur in the experiment. They are less frequent when the number of buyers is large as opposed to small. A control treatment tests to what extent such behavior can be attributed to strategic motives." @default.
- W2890740154 created "2018-09-27" @default.
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- W2890740154 date "2018-09-13" @default.
- W2890740154 modified "2023-09-25" @default.
- W2890740154 title "The Limits of Buyer Power: Experimental Evidence" @default.
- W2890740154 doi "https://doi.org/10.1561/105.00000082" @default.
- W2890740154 hasPublicationYear "2018" @default.
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