Jin, Jim Y.; Damjanovic, Tatiana; Parcero, Osiris J. - Centre for Research into Industry, Enterprise, Finance … - 2005
Duopoly competition can take different forms: Bertrand, Cournot, Bertrand-Stackelberg, Cournot-Stackelberg and joint profit maximization. In this paper we find a clear price ranking among these five markets when goods are substitutes and an output ranking when goods are complements. Moreover,...