Equilibrium payoffs in a Bertrand-Edgeworth model with product differentiation

In this note, we consider a Bertrand-Edgeworth duopoly model in which products are differentiated â€à la Hotellingâ€. We assumine that only one of the two firms faces a capacity constraint. For this particular case, we characterize the equilibrium payoff of the unconstrained firm for the complete domain of capacity levels.

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Year of publication:	2005
Authors:	Wauthy, Xavier ; Boccard, Nicolas
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 12.2005, 11, p. 1-8
Publisher:	AccessEcon
Subject:	Bertrand-Edgeworth Competition

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	L1 - Market Structure, Firm Strategy, and Market Performance
Source:	RePEc - Research Papers in Economics

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