Radio city promises if you can find a lower advertised


Radio City promises if you can find a lower advertised price for anything you bought at Radio City, anywhere in town within 30 days, it will return the difference plus 20 percent. A sophisticated game theoretic analysis suggests Radio City may be:

losing money in the long run.

implicitly colluding with other stores.

using a commitment to threaten competitors.

preempting competitors.

using price leadership.

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Business Economics: Radio city promises if you can find a lower advertised
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