Product differentiation in a Bertrand-Edgeworth duopoly

成果类型:
Article
署名作者:
Canoy, M
署名单位:
KU Leuven; University of Amsterdam
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.1996.0080
发表日期:
1996
页码:
158-179
关键词:
摘要:
In a Bertrand-Edgeworth model with homogeneous goods an equilibrium in pure strategies does not exist. Non-existence of a pure strategy equilibrium is not solely due to the homogeneous goods assumption. In this paper I consider a Bertrand-Edgeworth model with product differentiation and I parametrize when an equilibrium exists. Journal of Economic Literature Classification Numbers: D4, L1. (C) 1996 Academic Press, Inc.