We analyze a Bertrand-Edgeworth game in homogeneous product industry, under effcient rationing, constant marginal cost until full capacity utilization, and identical technology across firms. We solve for the equilibrium and establish its uniqueness for capacity configurations in the mixed strategy region of the capacity space such that the capacities of the largest and smallest firm are sufficiently close.

DE FRANCESCO, M.A., Salvadori, N. (2010). Bertrand-Edgeworth competition in an almost symmetric oligopoly.

Bertrand-Edgeworth competition in an almost symmetric oligopoly

DE FRANCESCO, MASSIMO ALFIERO;
2010-01-01

Abstract

We analyze a Bertrand-Edgeworth game in homogeneous product industry, under effcient rationing, constant marginal cost until full capacity utilization, and identical technology across firms. We solve for the equilibrium and establish its uniqueness for capacity configurations in the mixed strategy region of the capacity space such that the capacities of the largest and smallest firm are sufficiently close.
2010
DE FRANCESCO, M.A., Salvadori, N. (2010). Bertrand-Edgeworth competition in an almost symmetric oligopoly.
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11365/32315
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo