Pal, Rupayan - Indira Gandhi Institute of Development Research (IGIDR)
or a quantity contract, but for a network goods duopoly. We show that, if network externalities are strong (weak), each … situation arises and the SPNE is Pareto inefficient, unless network externalities are weak. … firm earns higher (lower) profit under Bertrand competition than under Cournot competition. Therefore, unless network …