The Impact of Market Leadership on the Process of Price Determination Cover Image

Wpływ zjawiska przywództwa rynkowego na proces wyznaczania cen przez przedsiębiorstwa
The Impact of Market Leadership on the Process of Price Determination

Author(s): Agnieszka Ścianowska
Subject(s): Business Economy / Management, Financial Markets
Published by: Wydawnictwo Naukowe Uniwersytetu Marii Curie-Sklodowskiej
Keywords: price leadership; endogenous timing;

Summary/Abstract: The paper analyzes the phenomenon of market leadership pointing out the role of the endogenous timing in the selection process of the most efficient company and in all participants’ results optimization. The evolution of the process in different models, and comparison of its effectiveness in the framework of the mechanism of voting and bidding were presented.

  • Issue Year: XLIX/2015
  • Issue No: 4
  • Page Range: 579-588
  • Page Count: 10
  • Language: Polish