메뉴 건너뛰기




Volumn 9, Issue 1, 2007, Pages 59-77

Are low-price promises collusion guarantees? An experimental test of price matching policies

Author keywords

Experimental economics; Price matching guarantees

Indexed keywords


EID: 33847289318     PISSN: 14355469     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10108-006-9012-0     Document Type: Article
Times cited : (17)

References (42)
  • 1
    • 33847290783 scopus 로고    scopus 로고
    • Promises to match or beat rival prices
    • Baye M ed, JAI Press Inc, Greenwich, pp
    • Arbatskaya M, Hviid M, Shaffer G (1999) Promises to match or beat rival prices. In: Baye M (ed) Advances in applied microeconomics, vol 8. JAI Press Inc, Greenwich, pp 149-171
    • (1999) Advances in applied microeconomics , vol.8 , pp. 149-171
    • Arbatskaya, M.1    Hviid, M.2    Shaffer, G.3
  • 2
    • 4043125363 scopus 로고    scopus 로고
    • On the incidence and variety of low price guarantees
    • Arbatskaya M, Hviid M, Shaffer G (2004) On the incidence and variety of low price guarantees. J Law Econ XLVII:307-332
    • (2004) J Law Econ , vol.47 , pp. 307-332
    • Arbatskaya, M.1    Hviid, M.2    Shaffer, G.3
  • 3
    • 38149146983 scopus 로고
    • How to sell a pickup truck: 'Beat-or-Pay' advertisements as facilitating devices
    • Baye MR, Kovenock D (1994) How to sell a pickup truck: 'Beat-or-Pay' advertisements as facilitating devices. Int J Ind Organ 12:21-33
    • (1994) Int J Ind Organ , vol.12 , pp. 21-33
    • Baye, M.R.1    Kovenock, D.2
  • 4
    • 38249036032 scopus 로고
    • A model of doupoly and meeting or beating the competition
    • Belton M (1987) A model of doupoly and meeting or beating the competition. Int J Ind Organ 5:399-417
    • (1987) Int J Ind Organ , vol.5 , pp. 399-417
    • Belton, M.1
  • 5
    • 38249027392 scopus 로고
    • The impact of experience on prices and profits in experimental dupoly markets
    • Benson B, Faminow ML (1988) The impact of experience on prices and profits in experimental dupoly markets. J Econ Behav Organ 9:345-365
    • (1988) J Econ Behav Organ , vol.9 , pp. 345-365
    • Benson, B.1    Faminow, M.L.2
  • 6
    • 0242350933 scopus 로고    scopus 로고
    • Asset markets and equilibrium selection in public goods games with provision points: An experimental study
    • Broseta B, Fatas E, Neugebauer T (2003) Asset markets and equilibrium selection in public goods games with provision points: an experimental study. Econ Inq 41(3):574-591
    • (2003) Econ Inq , vol.41 , Issue.3 , pp. 574-591
    • Broseta, B.1    Fatas, E.2    Neugebauer, T.3
  • 7
    • 0005579099 scopus 로고    scopus 로고
    • Learning and noisy equilibrium behaviour in an experimental study of imperfect price competition
    • Capra M, Goeree JK, Gómez R, Holt CA (2002) Learning and noisy equilibrium behaviour in an experimental study of imperfect price competition. Int Econ Rev 43(3):613-636
    • (2002) Int Econ Rev , vol.43 , Issue.3 , pp. 613-636
    • Capra, M.1    Goeree, J.K.2    Gómez, R.3    Holt, C.A.4
  • 8
    • 33847333746 scopus 로고
    • On the robustness of the argument that price matching is anti-competitive
    • Corts KS (1995) On the robustness of the argument that price matching is anti-competitive. Econ Lett 47:417-421
    • (1995) Econ Lett , vol.47 , pp. 417-421
    • Corts, K.S.1
  • 9
    • 0346158763 scopus 로고    scopus 로고
    • On the competitive effects of price matching policies
    • Corts KS (1996) On the competitive effects of price matching policies. Int J Ind Organ 15:283-299
    • (1996) Int J Ind Organ , vol.15 , pp. 283-299
    • Corts, K.S.1
  • 10
    • 14944350312 scopus 로고    scopus 로고
    • Reciprocity, matching and conditional cooperation in two public goods games
    • Croson R, Fatas E, Neugebauer T (2005) Reciprocity, matching and conditional cooperation in two public goods games. Econ Lett 87:95-101
    • (2005) Econ Lett , vol.87 , pp. 95-101
    • Croson, R.1    Fatas, E.2    Neugebauer, T.3
  • 12
    • 0038036790 scopus 로고    scopus 로고
    • Automated pricing rules in electronic posted offer markets
    • Deck CA, Wilson B (2003) Automated pricing rules in electronic posted offer markets. Econ Inq 41(2):208-223
    • (2003) Econ Inq , vol.41 , Issue.2 , pp. 208-223
    • Deck, C.A.1    Wilson, B.2
  • 14
    • 38249030372 scopus 로고
    • Different selling strategies in Bertrand oligopoly
    • Doyle C (1988) Different selling strategies in Bertrand oligopoly. Econ Lett 28:387-390
    • (1988) Econ Lett , vol.28 , pp. 387-390
    • Doyle, C.1
  • 15
    • 0034582353 scopus 로고    scopus 로고
    • Price competition and market concentration: An experimental study
    • Dufwenberg M, Gneezy U (2000) Price competition and market concentration: an experimental study. Int J Ind Organ 18:7-22
    • (2000) Int J Ind Organ , vol.18 , pp. 7-22
    • Dufwenberg, M.1    Gneezy, U.2
  • 16
    • 0346789952 scopus 로고    scopus 로고
    • Do guaranteed-low price policies guarantee high prices, and can antitrust rise to the challenge?
    • Edlin A (1997) Do guaranteed-low price policies guarantee high prices, and can antitrust rise to the challenge? Harv Law Rev 111:528-575
    • (1997) Harv Law Rev , vol.111 , pp. 528-575
    • Edlin, A.1
  • 17
    • 0033415831 scopus 로고    scopus 로고
    • The welfare losses from price-matching policies
    • Edlin A, Emch E (1999) The welfare losses from price-matching policies. J Ind Econ 47(2):145-167
    • (1999) J Ind Econ , vol.47 , Issue.2 , pp. 145-167
    • Edlin, A.1    Emch, E.2
  • 18
    • 14044249417 scopus 로고    scopus 로고
    • Pro-competitive price beating guarantees. Experimental evidence
    • Fatas E, Georgantzís N, Mañez J, Sabater G (2005) Pro-competitive price beating guarantees. Experimental evidence. Rev Ind Organ 26:115-136
    • (2005) Rev Ind Organ , vol.26 , pp. 115-136
    • Fatas, E.1    Georgantzís, N.2    Mañez, J.3    Sabater, G.4
  • 19
    • 33744910886 scopus 로고    scopus 로고
    • Within team competition in the minimum game
    • Fatas E, Neugebauer T, Perote J (2006) Within team competition in the minimum game. Pac Econ Rev 11(2):247-270
    • (2006) Pac Econ Rev , vol.11 , Issue.2 , pp. 247-270
    • Fatas, E.1    Neugebauer, T.2    Perote, J.3
  • 22
    • 0035545415 scopus 로고    scopus 로고
    • Multiproduct activity in an experimental differentiated oligopoly
    • Garcia-Gallego A, Georgantzis N (2001) Multiproduct activity in an experimental differentiated oligopoly. Int J Ind Organ 19:493-518
    • (2001) Int J Ind Organ , vol.19 , pp. 493-518
    • Garcia-Gallego, A.1    Georgantzis, N.2
  • 23
    • 84986768298 scopus 로고
    • Price matching policies: An empirical case
    • Hess J, Gerstner E (1991) Price matching policies: an empirical case. Manage Decis Econ 12:305-315
    • (1991) Manage Decis Econ , vol.12 , pp. 305-315
    • Hess, J.1    Gerstner, E.2
  • 25
    • 0033483212 scopus 로고    scopus 로고
    • Hassle costs: The Achilles' heel of price-matching guarantees
    • Hviid M, Shaffer O (1999) Hassle costs: the Achilles' heel of price-matching guarantees. J Econ Manage Strat 8:489-521
    • (1999) J Econ Manage Strat , vol.8 , pp. 489-521
    • Hviid, M.1    Shaffer, O.2
  • 26
    • 0002676891 scopus 로고
    • Industrial organization: A survey of laboratory research
    • Kagel JH, Roth AE eds, Princeton University Press, Princeton
    • Holt C (1995) Industrial organization: a survey of laboratory research. In: Kagel JH, Roth AE (eds) Handbook of experimental economics, Princeton University Press, Princeton
    • (1995) Handbook of experimental economics
    • Holt, C.1
  • 27
    • 0034337196 scopus 로고    scopus 로고
    • An experimental and theoretical analysis of price-matching refund policies
    • Jain S, Srivastava J (2000) An experimental and theoretical analysis of price-matching refund policies. J Mark Res 37:351-362
    • (2000) J Mark Res , vol.37 , pp. 351-362
    • Jain, S.1    Srivastava, J.2
  • 28
    • 0034360021 scopus 로고    scopus 로고
    • Effective price-matching: A comment
    • Kaplan T (2000) Effective price-matching: a comment. Int J Ind Organ 18:1291-1294
    • (2000) Int J Ind Organ , vol.18 , pp. 1291-1294
    • Kaplan, T.1
  • 29
    • 38249005616 scopus 로고
    • Guaranteed lowest prices: Do they facilitate collusion?
    • Logan J, Lutter R (1989) Guaranteed lowest prices: do they facilitate collusion? Econ Lett 31:189-192
    • (1989) Econ Lett , vol.31 , pp. 189-192
    • Logan, J.1    Lutter, R.2
  • 30
    • 33645130660 scopus 로고    scopus 로고
    • Unbeatable value low-price guarantee: Collusive mechanism or advertising strategy
    • Mañez JA (2006) Unbeatable value low-price guarantee: collusive mechanism or advertising strategy. J Econ Manage Strat 15:143-166
    • (2006) J Econ Manage Strat , vol.15 , pp. 143-166
    • Mañez, J.A.1
  • 31
    • 0000601655 scopus 로고    scopus 로고
    • The effects of price advertising on prices: Evidence on the wake of 44 Liquormart
    • Milyo J, Waldfogel J (1999) The effects of price advertising on prices: evidence on the wake of 44 Liquormart. Am Econ Rev 89:1081-1096
    • (1999) Am Econ Rev , vol.89 , pp. 1081-1096
    • Milyo, J.1    Waldfogel, J.2
  • 33
    • 0001135422 scopus 로고
    • Industrial organization theory and experimental economics
    • Plott C (1982) Industrial organization theory and experimental economics. J Econ Lit 20:1485-1527
    • (1982) J Econ Lit , vol.20 , pp. 1485-1527
    • Plott, C.1
  • 34
    • 70350095847 scopus 로고
    • An updated review of industrial organization: Applications of experimental methods
    • Schmalensee R, Willig R eds, North-Holland, New York
    • Plott C (1989) An updated review of industrial organization: applications of experimental methods. In: Schmalensee R, Willig R (eds) Handbook of industrial organization, vol II. North-Holland, New York
    • (1989) Handbook of industrial organization , vol.2
    • Plott, C.1
  • 35
    • 0001322593 scopus 로고
    • Price discrimination through offers to match price
    • Png IPL, Hirschleifer D (1987) Price discrimination through offers to match price. J Bus 60:365-383
    • (1987) J Bus , vol.60 , pp. 365-383
    • Png, I.P.L.1    Hirschleifer, D.2
  • 36
    • 0003288729 scopus 로고
    • Practices that (credibly) facilitate oligopoly coordination
    • Stiglitz J, Mathewson F eds, MIT Press, Cambridge
    • Salop S (1986) Practices that (credibly) facilitate oligopoly coordination. In: Stiglitz J, Mathewson F (eds) New developments in the analysis of market structure, MIT Press, Cambridge
    • (1986) New developments in the analysis of market structure
    • Salop, S.1
  • 37
    • 21844506229 scopus 로고
    • Economics upside-down: Low price guarantees as mechanism for facilitating tacit collusion
    • Sargent M (1993) Economics upside-down: low price guarantees as mechanism for facilitating tacit collusion. Univ PA Law Rev 141:2055-2118
    • (1993) Univ PA Law Rev , vol.141 , pp. 2055-2118
    • Sargent, M.1
  • 39
    • 0035538554 scopus 로고    scopus 로고
    • A consumer perspective on price matching refund policies: Effect on price perceptions and search behaviour
    • Srivastava J (2001) A consumer perspective on price matching refund policies: effect on price perceptions and search behaviour. J Consum Res 28(2):296-308
    • (2001) J Consum Res , vol.28 , Issue.2 , pp. 296-308
    • Srivastava, J.1
  • 40
    • 3042596282 scopus 로고    scopus 로고
    • Price matching refund policies as signals of store price image?
    • Srivastava J, Lurie N (2004) Price matching refund policies as signals of store price image? J Retail 80:117-128
    • (2004) J Retail , vol.80 , pp. 117-128
    • Srivastava, J.1    Lurie, N.2
  • 41
    • 0000470297 scopus 로고
    • Tacit coordination games, strategic uncertainty, and coordination failure
    • Van Huyck J, Battalio R, Beil R (1990) Tacit coordination games, strategic uncertainty, and coordination failure. Am Econ Rev 80:234-248
    • (1990) Am Econ Rev , vol.80 , pp. 234-248
    • Van Huyck, J.1    Battalio, R.2    Beil, R.3
  • 42
    • 21844499956 scopus 로고
    • Price-matching policy and the principle of minimum differentiation
    • Zhang J (1995) Price-matching policy and the principle of minimum differentiation. J Ind Econ 43:287-299
    • (1995) J Ind Econ , vol.43 , pp. 287-299
    • Zhang, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.