Price Discrimination in Quantity Setting Oligopoly
نویسندگان
چکیده
منابع مشابه
Price vs. Quantity in Oligopoly Games
Price-setting and quantity-setting oligopoly games lead to extremely different outcomes in the market. One natural way to address this problem is to formulate a model in which some firms use price while the remaining firms use quantity as their decision variable. We introduce a mixed oligopoly game of this type and determine its equilibria. In addition, we consider an extension of this mixed ol...
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Oligopoly price discrimination in the retail market prevents a manufacturer from inducing optimal retail margins through any wholesale price. This motivates the manufacturer to impose resale price maintenance. In a model of third-degree price discrimination by rival retailers, a retail price ceiling (or floor) enables the manufacturer to restore the first best. Imposing a fixed retail price is ...
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In the presence of market power in oligopolistic environment, price discrimination is a natural phenomenon. Surprisingly this setting has not been analyzed in depth in the literature. In contrast with existing literature, e.g., Hazledine (2006) and Kutlu (2009), we consider quantity setting games where rms compete in two stages. In the rst stage rms decide on the choice of capacity and in th...
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ژورنال
عنوان ژورنال: The Manchester School
سال: 2015
ISSN: 1463-6786
DOI: 10.1111/manc.12106