title: Price Competition in an Inflationary Environment
creator: Duersch, Peter
creator: Eife, Thomas
subject: ddc-330
subject: 330 Economics
description: We study how inflation and deflation affect firms' ability to cooperate in an experimental Bertrand duopoly with differentiated products. We find that there is significantly less cooperation in the treatments with inflation and deflation compared to the no-inflation treatments. The difficulties to cooperate affect prices and welfare: Depending on the market structure, inflation and deflation lead to significantly lower (real) prices and higher welfare.
date: 2013-07
type: Working paper
type: info:eu-repo/semantics/workingPaper
type: NonPeerReviewed
format: application/pdf
identifier: https://archiv.ub.uni-heidelberg.de/volltextserverhttps://archiv.ub.uni-heidelberg.de/volltextserver/15325/1/Duersch_Eife_2013_dp547.pdf
identifier: DOI:10.11588/heidok.00015325
identifier: urn:nbn:de:bsz:16-heidok-153258
identifier:   Duersch, Peter ; Eife, Thomas  (2013) Price Competition in an Inflationary Environment.  [Working paper]     
relation: https://archiv.ub.uni-heidelberg.de/volltextserver/15325/
rights: info:eu-repo/semantics/openAccess
rights: http://archiv.ub.uni-heidelberg.de/volltextserver/help/license_urhg.html
language: eng