Talk:Non-price competition/Archive 1

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BetacommandBot 11:31, 6 July 2007 (UTC) KOTE —Preceding unsigned comment added by 175.137.3.135 (talk) 14:32, 14 April 2011 (UTC)

Merge
Why not merge this with competition (economics). If it is to remain, why not rename it Price and non-price competition - there's no rationale for redirecting price competition to non-price. Richard001 09:25, 13 September 2007 (UTC)

There is no need for it. The more articles there are in Wikipedia, the better. We can merge everythig together and create one mega-article, very comfortable, you just look-up what you need in it, economy, sience, politics, the price of tea in China, basketball, why not? —Preceding unsigned comment added by 194.44.200.190 (talk) 19:24, 3 February 2008 (UTC)
 * Oh, IP. Your suggestion "[t]he more articles there are in Wikipedia, the better." makes me laugh out loud... Richard001 (talk) 23:09, 3 February 2008 (UTC)

I think they should remain seperate, it is a different usage of the term "competition". Non-price competition is a specific feature of certain markets, usually oligopolistic ones. Prices are sticky (they don't really change) and companies compete by offering extra features, freebies, etc.

"Competition" as in Competition Law and Policy, is the general idea of that competitive markets deliver efficient outcomes. It is closely related to General Equilibrium models of the economy. AleXd (talk) 11:26, 8 March 2008 (UTC)


 * Competition is about firms competing with each other for money, plain and simple. There are two ways that firms can do this: by having price wars, or by doing something else. I'm not a student of economics so if there is some other form of competition besides price and non-price that I'm leaving out, please let me know what it is. If not, it seems a pretty strong case for merging. Richard001 (talk) 05:43, 10 March 2008 (UTC)

This, I thought, was funny: "other form of competition besides price and non-price [...]" Logically, there is no other form of competition since price/non-price is tautological. However, in all seriousness, economists typically model (such) firms as competing on price or quantity. "Non-price" competition, therefore, usually refers to some observable differentiation in quality, advertisement, service, tie-in good inclusion, etc, for a specific good. It's used (as mentioned previously) in oligopolistic and monopolistically competitive markets. Don't merge this article with competition. Bsdlite (talk) 21:19, 14 May 2008 (UTC)