| Article ID: | iaor1997143 |
| Country: | Netherlands |
| Volume: | 69 |
| Issue: | 2 |
| Start Page Number: | 177 |
| End Page Number: | 186 |
| Publication Date: | Sep 1993 |
| Journal: | European Journal of Operational Research |
| Authors: | Bikhchandani Sushil, Mamer John W. |
| Keywords: | game theory, inventory |
The authors consider the problem of pricing to liquidate inventory in a duopoly. The problem is modelled as a game with complete information. The unique Nash equilibrium for the game, which is also sequential involves mixed strategies for the sellers. The equilibrium extends in a limited fashion to multi-period and many-seller situations.