Price Leadership and Uncertainty About Future Costs*

2021 ◽  
Vol 69 (2) ◽  
pp. 305-337
Author(s):  
Jorge Lemus ◽  
Fernando Luco
Keyword(s):  
Price Leadership

Price Leadership

1940 ◽  
Vol 7 (1) ◽  
pp. 61
Author(s):  
George P. Comer
Keyword(s):  
Price Leadership

scholarly journals Asymmetric input contracts under price leadership

2021 ◽  
Author(s):  
Marc Escrihuela‐Villar ◽  
Walter Ferrarese
Keyword(s):  
Price Leadership

Lesser Antilles Lines: The Island of San Huberto (A)

2010 ◽  
pp. 1-10
Author(s):  
James V. Gelly ◽  
Phillip E. Pfeifer
Keyword(s):  
Nash Equilibrium ◽  
Prisoner's Dilemma ◽  
Prisoner’S Dilemma ◽  
Equilibrium Price ◽  
Lesser Antilles ◽  
Caribbean Island ◽  
Price Leadership ◽  
Price War

In this case, the situation is a classic duopoly. Two shipping firms are in a price war over the market for containerized shipping to and from a small Caribbean island. The case presents a table of contributions to both firms as a function of their prices. This table serves as a basis by which the class can explore the concepts of Nash equilibrium, price leadership, and prisoner’s dilemma. It is also available with the case as a student spreadsheet (QA-0355X). See also “Lesser Antilles Lines (B)” (UVA-QA-0641) and “Lesser Antilles Lines (C)” (UVA-QA-0670).

A Model of Price Leadership Based on Consumer Loyalty

1992 ◽  
Vol 40 (2) ◽  
pp. 147 ◽  
Author(s):  
Raymond Deneckere ◽  
Dan Kovenock ◽  
Robert Lee
Keyword(s):  
Consumer Loyalty ◽  
Price Leadership

scholarly journals Price Determination in the U.S. Shrimp Market

1987 ◽  
Vol 19 (2) ◽  
pp. 103-111 ◽  
Author(s):  
Charles M. Adams ◽  
Fred J. Prochaska ◽  
Thomas H. Spreen
Keyword(s):  
Retail Price ◽  
Economic Factors ◽  
Causal Relationships ◽  
Price Determination ◽  
Price Leadership ◽  
Size Classes ◽  
Marketing Costs ◽  
The U.S

AbstractThe monthly and quarterly price determination processes for 31–40 and 21–25 size classes of raw-headless shrimp were examined to determine price leadership between market levels. Causal relationships were assessed using Haugh-Pierce, Sims, and Granger methods. Price models at the retail, wholesale, and exvessel market levels were estimated. Economic factors analyzed were income, prices of competing products, landings and imports of raw headless shrimp, total retail supply, beginning stocks, and marketing costs.Monthly prices generally exhibited unidirectional causality from exvessel to retail price. Quarterly prices were determined interdependently among market levels. Price responses between market levels were found to be symmetric with beginning stocks, landings, and imports of own-size shrimp the most important determinants of price.

Price linkages in Pacific tuna markets: implications for the South Pacific Tuna Treaty and the Western and Central Pacific region

2006 ◽  
Vol 11 (6) ◽  
pp. 747-767 ◽  
Author(s):  
DALE SQUIRES ◽  
TAEKWON KIM ◽  
YONGIL JEON ◽  
RAYMOND CLARKE
Keyword(s):  
American Samoa ◽  
Economic Incentives ◽  
Yellowfin Tuna ◽  
Pacific Island ◽  
Skipjack Tuna ◽  
Central Pacific ◽  
Price Leadership ◽  
Economic Implications ◽  
The Usa ◽  
Spatial Price

A revenue-sharing arrangement is under consideration between the USA and Western and Central Pacific Island Parties. When the ex-vessel price for cannery-grade skipjack tuna is above a minimum price, Pacific Island Parties would share in the increased revenue. This arrangement would provide economic incentives to these island nations to control fishing capacity and thereby increase revenues and economic rents. This potential arrangement raises the issue of which market and species prices to use as a benchmark, Bangkok or Pago-Pago; American Samoa and skipjack or yellowfin tuna. This paper, through a time series analysis of spatial price linkages, finds price leadership for skipjack in Bangkok. Macroeconomic and regional economic implications of enhanced price stability and higher revenues in the region are also discussed.

Sign in / Sign up

Export Citation Format

Share Document