منابع مشابه
Product and Price Competition in a Duopoly
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In a Hotelling’s duopoly with a general transportation cost function, we study competition through catalog: each firm chooses at the same time a price and a location. With simultaneous catalog offer, there is no equilibrium in pure strategies for high valuations of the consumers, while a Stackelberg equilibrium exists under mild conditions. The follower is better off than the leader, whose pric...
متن کاملPrice and quantity competition in a differentiated duopoly
• Two classical models in the theory of oligopoly are those of Coumot (1838) and Bertrand (1883). In both models the equilibrium concept is the noncooperative equilibrium of Nash (1950). In the former firms set quantities. In the latter prices are the strategy variables. In a duopoly situation where firms produce a homogeneous good and marginal costs are constant and equal for both firms, the B...
متن کاملPrice competition in a differentiated products duopoly under network effects
We examine price competition under product-specific network effects, in a duopoly where the products are differentiated horizontally and vertically. When consumers’ expectations are not affected by prices, firms may share the market equally, or one firm (possibly even the low-quality one) may capture the entire market. When product qualities are different, we may also have interior asymmetric e...
متن کاملOn two-part tariff competition in a homogeneous product duopoly☆
a r t i c l e i n f o We explore aspects of two-part tariff competition between duopolists providing a homogeneous service when consumers differ with respect to their usage levels. Competition in only one price component (the fee or the rate) may allow both firms to enjoy positive profits if the other price component has been set at levels different enough between firms. Fixing one price compon...
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ژورنال
عنوان ژورنال: Marketing Science
سال: 1988
ISSN: 0732-2399,1526-548X
DOI: 10.1287/mksc.7.2.141