Recent Developments in the Theory of Limit-Pricing

  • A. Koutsoyiannis

Abstract

Sylos-Labini1 developed a model of limit-pricing based on scale-barriers to entry. His model is clumsy, due to its unnecessarily stringent assumptions and the use of arithmetical examples. However, his analysis of the economies-of-scale barrier is more thorough than that of Bain. He highlighted the determinants of the limit price and discussed their implications, thus providing the basis for Modigliani’s more general model of entry-preventing pricing.

Keywords

Income Marketing Defensive Attitude Preven Concession 

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Copyright information

© A. Koutsoyiannis 1975

Authors and Affiliations

  • A. Koutsoyiannis
    • 1
  1. 1.University of WaterlooCanada

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