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• W3083485706 abstract "Abstract We consider duopoly sequential price competition between a low-cost online firm and a high-cost brick-and-mortar firm that decides whether to price-match the low-cost rival. We study how price-match guarantees affect the incentives of both firms to invest in cost reduction and quality enhancement. We find that price-match guarantees in our model weaken these incentives in most cases. Our research reveals more reasons to suspect that seemingly pro-competitive price-matching by many offline rivals to online sellers may have hidden social costs." @default.
• W3083485706 created "2020-09-11" @default.
• W3083485706 creator A5017682090 @default.
• W3083485706 creator A5033212522 @default.
• W3083485706 date "2020-12-01" @default.
• W3083485706 modified "2023-09-23" @default.
• W3083485706 title "Price-match guarantees and investment incentives" @default.
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• W3083485706 doi "https://doi.org/10.1016/j.infoecopol.2020.100891" @default.
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