Construct · 1 fields · 1 citations

limit pricing: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
limitpricing1 CONSTRUCTLimit pricingMILGROM · INDUSTRIAL

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Industrial organization

an incumbent setting price low to signal low costs and discourage potential entrants.

In industrial organization, limit pricing refers to an incumbent setting price low to signal low costs and discourage potential entrants. This meaning comes from Milgrom (1982) in Econometrica.[1]

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Nearby constructs

limit3 fields · 3 citationsjingle · one word, three constructspotential4 fields · 4 citationsjingle · one word, four constructssignal5 fields · 5 citationsjingle · one word, five constructs

References

  1. Milgrom, P., & Roberts, J. (1982). Limit Pricing and Entry under Incomplete Information: An Equilibrium Analysis. Econometrica, 50(2), 443. https://doi.org/10.2307/1912637

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