- almost Cartel competition - Price Matching Policy
- signal of price matching: “You undercutting me does not benefit you”
- Collusion is now the Equilibrium
- only me setting the price matching is not enough
- price matching policy setter does not lose out, even if undercut
- if other player(s) set price matching equilibria change
- many more equilibria
- now about selecting the correct equilibrium
- if all players set price matching
- undercutting does not benefit anyone anymore
- why did undercutting happen even in groups will all players setting price matching?
