Before solving a two-stage capacity and pricing game for oligopoly, Boccard and Wauthy (2000) argue that, as under duopoly, at a mixed strategy equilibrium of the pricing game the largest firm's expected profit is the profit accruing to it as a Stackelberg follower when the rivals supply their...

Before solving a two-stage capacity and pricing game for oligopoly, Boccard and Wauthy (2000) argue that, as under duopoly, at a mixed strategy equilibrium of the pricing game the largest firm's expected profit is the profit accruing to it as a Stackelberg follower when the rivals supply their...

This paper incorporates imperfect divisibility of money in a price game where a given number of identical firms produce a homogeneous product at constant unit cost up to capacity. We find necessary and sufficient conditions for the existence of a pure strategy equilibrium. Unlike in the...

This paper incorporates imperfect divisibility of money in a price game where a given number of identical firms produce a homogeneous product at constant unit cost up to capacity. We find necessary and sufficient conditions for the existence of a pure strategy equilibrium. Unlike in the...