par Coissard, Steven;Seiglie, Carlos
Référence Brussels economic review, 54, 4, page (421-433)
Publication Publié, 2011
Article révisé par les pairs
Résumé : This paper presents empirical evidence which at first glance appears to show that firms are not pricing to maximize profits. We then present a model to explain how this behavior is in fact optimal when we account for additional constraints faced by firms in certain product markets.