On the rationality of buying from a price predator

Robert H. Porter*

*Corresponding author for this work

Research output: Contribution to journalArticle

1 Scopus citations

Abstract

By means of a simple example, I demonstrate that it may be rational for consumers to purchase at predatory prices, even though the exit of the intended victim and the consequent price increase are correctly anticipated.

Original languageEnglish (US)
Pages (from-to)385-389
Number of pages5
JournalEconomics Letters
Volume11
Issue number4
DOIs
StatePublished - 1983

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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