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Price vs. quantity competition in a vertically related market
Alipranti, Maria; Milliou, Chrysovalantou; Petrakēs, … - 2014
This paper demonstrates that the standard conclusions regarding the comparison of Cournot and Bertrand competition are … Cournot competition yields higher output, lower wholesale prices, lower final prices, higher consumers' surplus, and higher … total welfare than Bertrand competition. …
Persistent link: https://www.econbiz.de/10010351502
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Quantity competition vs. price competition under optimal subsidy in a mixed duopoly
Scrimitore, Marcella - 2012
This paper reconsiders the literature on the irrelevance of privatization in mixed markets, addressing both quantity and price competition in a duopoly with differentiated products. By allowing for partially privatizing a state-controlled firm, we explore competition under different timings of...
Persistent link: https://www.econbiz.de/10011526650
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Output commitment through product bundling : experimental evidence
Hinloopen, Jeroen; Müller, Wieland; Normann, Hans-Theo - 2013
competes with another firm à la Cournot in a second market. We compare treatments where the multi-product firm (i) always …
Persistent link: https://www.econbiz.de/10010204789