We analyze a Bertrand-Edgeworth game in a homogeneous product industry, under efficient rationing and constant (and identical across firms) marginal cost until full capacity utilization. We solve for the unique equilibrium in a subset of the no pure strategy equilibrium region of the capacity space in which differences in individual capacities are sufficiently small.
De Francesco, M.A., Neri, S. (2013). Bertrand-Edgeworth Competition in an Almost Symmetric Oligopoly. STUDIES IN MICROECONOMICS, 1(2), 213-219 [10.1177/2321022213501259].
Bertrand-Edgeworth Competition in an Almost Symmetric Oligopoly
DE FRANCESCO, MASSIMO ALFIERO;
2013-01-01
Abstract
We analyze a Bertrand-Edgeworth game in a homogeneous product industry, under efficient rationing and constant (and identical across firms) marginal cost until full capacity utilization. We solve for the unique equilibrium in a subset of the no pure strategy equilibrium region of the capacity space in which differences in individual capacities are sufficiently small.
File in questo prodotto:
| File | Dimensione | Formato | |
|---|---|---|---|
|
Studies in Micoreconomics.pdf
non disponibili
Tipologia:
PDF editoriale
Licenza:
NON PUBBLICO - Accesso privato/ristretto
Dimensione
330.1 kB
Formato
Adobe PDF
|
330.1 kB | Adobe PDF | Visualizza/Apri Richiedi una copia |
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/11365/50141