This paper provides evidence of the incidence and variety of low-price guarantees
(promises to match or beat a rival's price) using data obtained from newspaper …

Major retailers in the USA offer money back guarantees (MBGs) under which they return
money to dissatisfied customers. Some of these retailers also offer low price guarantees …

This paper formulates a novel test to assess whether, and to what extent, firms might be
using low-price guarantees to discourage their rivals from cutting prices. The test is based …

This paper examines the effect of price matching guarantees (PMGs) on market outcomes in
a sequential search model. PMGs are simultaneously chosen with prices and some …

Price-matching guarantees (PMGs) are offered in a wide array of product categories in retail
markets. PMGs offer consumers the assurance that, should they find a lower price elsewhere …

In a symmetric differentiated experimental duopoly we test the ability of Price Matching
Guarantees (PMG) to raise prices above the competitive levels. PMG are introduced both as …

In a symmetric differentiated experimental duopoly we test the ability of Price Guarantees
(PGs) to raise prices above the competitive levels. Different types of PGs ('aggressive'and …

We report experimental results on duopoly pricing with and without price beating guarantees
(PBG). In two control treatments, price beating is either imposed as an industry-wide rule or …

We study the effects of price-matching in a capacity-constrained duopoly setting. We show
that no firm does worse at any pure equilibrium under price-matching relative to Bertrand …

Many businesses in a wide variety of fields have instituted low price guarantees as a
competitive tactic. A low price guarantee is a promise by a business to match the prices of its …