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We study implications of the choice of strategic variables, price or quantity, by firms in a duopoly with …
Persistent link: https://www.econbiz.de/10011207091
We consider a simple model of the choice of strategic variables under relative profit maximization by firms in an asymmetric oligopoly with differentiated substitutable goods such that there are three firms, Firm 1, 2 and 3, demand functions are linear and symmetric, marginal costs are constant,...
Persistent link: https://www.econbiz.de/10011110771
In this note we investigate the relation between a Cournot equilibrium and a Bertrand equilibrium in a duopoly with …
Persistent link: https://www.econbiz.de/10011111361
We present an analysis about adoption of new technology by firms in a duopoly with differentiated goods under absolute …
Persistent link: https://www.econbiz.de/10011112210
We study the equilibrium with quantity setting behavior and price setting behavior of firms in duopoly under relative … firms are irrelevant to the equilibrium of a duopoly. 2) Quantity setting behavior and price setting behavior are equivalent …
Persistent link: https://www.econbiz.de/10011113286
We study the equilibrium with the quantity setting behavior and price setting behavior of firms in a duopoly under … variations of firms are irrelevant to the equilibrium of a duopoly. 2) Quantity setting behavior and price setting behavior are …
Persistent link: https://www.econbiz.de/10010928982
We compare formulations of relative profit maximization in duopoly with differentiated goods, 1) (Difference case … of the profit of one firm to the total profit. We show that in asymmetric duopoly the equilibrium output of the more …
Persistent link: https://www.econbiz.de/10011272702
We compare two formulations of relative profit maximization in duopoly with differentiated goods: (1) (difference case … ratio of the profit of one firm to the total profit. We show that in asymmetric duopoly the equilibrium output of the more …
Persistent link: https://www.econbiz.de/10011274845
The authors study pure strategy Bertrand equilibria in a duopoly in which two firms produce a homogeneous good with …
Persistent link: https://www.econbiz.de/10010240620
This study derives pure strategy Bertrand equilibria in a duopoly in which two firms produce a homogeneous good with …
Persistent link: https://www.econbiz.de/10010420037