Exact(17)
In their barrel rooms in this small city, they controlled the fortunes of hundreds of small growers, unilaterally setting the prices they would pay for wines or grapes.
Of course, the dealers and collectors are all here, sharks in linen suits, using the Biennale as a means of hyping artists and essentially setting the prices for Art Basel in Switzerland (which occurs a few days after Venice opens).
Beijing has objected strongly to the merger, which it fears would give BHP the upper hand in setting the prices for iron ore and other commodities that China must import to sustain its economy.
Both Softbank and AT&T will take initial hits by setting the prices so low but hope to make back the revenue through lengthy franchise contracts and service fees.
Since Π 0(p 0,max)+Π 1(p 1,max) is equal to Π(p 0,max,p 1,max), which cannot exceed (Pi (p_{0}^{text {max}},p_{1}^{text {max}})) by the very definition of ((p_{0}^{text {max}},p_{1}^{text {max}})), the seller cannot be worse off by simultaneously setting the prices before commencing the initial selling stage.
The simultaneous setting of prices can be viewed as a strategic decision, whereas setting the prices sequentially just before commencing the respective selling stages are tactical choices, which in view of the above arguments cannot outperform the strategic (i.e., simultaneous) one.
Similar(43)
The market is setting the price.
"We are not setting the price.
told Wired last December, "We are not setting the price.
Setting the price for the repairs was another matter.
"There is no rule for anyone setting the price".
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Justyna Jupowicz-Kozak
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