Bertrand-Edgeworth competition in an almost symmetric oligopoly

We analyze a Bertrand-Edgeworth game in homogeneous product industry, under effcient rationing, constant marginal cost until full capacity utilization, and identical technology across firms. We solve for the equilibrium and establish its uniqueness for capacity configurations in the mixed strategy region of the capacity space such that the capacities of the largest and smallest firm are sufficiently close.

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Year of publication:	2010-08-03
Authors:	De Francesco, Massimo A. ; Salvadori, Neri

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Type of publication:	Book / Working Paper
Language:	English
Notes:	De Francesco, Massimo A. and Salvadori, Neri (2010): Bertrand-Edgeworth competition in an almost symmetric oligopoly.
Classification:	L13 - Oligopoly and Other Imperfect Markets ; D43 - Oligopoly and Other Forms of Market Imperfection ; C72 - Noncooperative Games
Source:	BASE

Persistent link: https://www.econbiz.de/10015222540