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Zyklische Preisentwicklung im offenen Call-by-Call-Markt

Author

Listed:
  • Antje Baier

    (Europa-Universität Viadrina)

  • Friedel Bolle

    (Europa-Universität Viadrina)

Abstract

Summary Since the German Telecommunications Market was liberalized in 1998 the prices for call-by-call have declined continuously. In the short-run we observe significant and systematic price movements. These can be qualitatively reproduced in a dynamic game theoretic model with ill-informed consumers. In our model the sellers set their prices in each period simultaneously. The demand depends only on the probability that the consumers know the prices of the present period or that they only know the prices of the previous period. In our model we find incentives for the sellers to deteriorate consumers information by often changing prices.

Suggested Citation

  • Antje Baier & Friedel Bolle, 2004. "Zyklische Preisentwicklung im offenen Call-by-Call-Markt," Schmalenbach Journal of Business Research, Springer, vol. 56(8), pages 691-714, December.
    • Handle: RePEc:spr:sjobre:v:56:y:2004:i:8:d:10.1007_bf03372755
    DOI: 10.1007/BF03372755
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    References listed on IDEAS

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    1. Maskin, Eric & Tirole, Jean, 1988. "A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs," Econometrica, Econometric Society, vol. 56(3), pages 549-569, May.
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    More about this item

    Keywords

    D43; L13; L86;
    All these keywords.

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

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