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We present an analysis about adoption of new technology by firms in a duopoly with differentiated goods under absolute …
Persistent link: https://www.econbiz.de/10011112210
We study implications of the choice of strategic variables, price or quantity, by firms in a duopoly with … they determine the values of their strategic variables. We define the relative profit of a firm as the ratio of its profit … over the total profit. But, even if we define the relative profit of a firm as the difference between the profits of firms …
Persistent link: https://www.econbiz.de/10011207091
profits. The relative profit of each firm is the difference between its profit and the average of the profits of other firms …
Persistent link: https://www.econbiz.de/10011272693
We analyze Bertrand and Cournot equilibria in an asymmetric oligopoly in which the firms produce differentiated substitutable goods and seek to maximize their relative profits instead of their absolute profits. Assuming linear demand functions and constant marginal costs we show the following...
Persistent link: https://www.econbiz.de/10011110443
We study the choice of strategic variables by firms in a duopoly in which two firms produce differentiated … substitutable goods and each firm maximizes its relative profit that is the difference between its profit and the profit of the …
Persistent link: https://www.econbiz.de/10011107282
In this note we investigate the relation between a Cournot equilibrium and a Bertrand equilibrium in a duopoly with … differentiated goods in which each firm maximizes its relative profit that is the difference between its profit and the profit of the …
Persistent link: https://www.econbiz.de/10011111361
We study the equilibrium with quantity setting behavior and price setting behavior of firms in duopoly under relative … firms are irrelevant to the equilibrium of a duopoly. 2) Quantity setting behavior and price setting behavior are equivalent …
Persistent link: https://www.econbiz.de/10011113286
We revisit the study of the dynamics of a duopoly game à la Bertrand with horizontal product differentiation and …
Persistent link: https://www.econbiz.de/10009294609
We study the local stability properties of a duopoly game with price competition, different product quality and … equilibrium in a duopoly market with price competition becomes under increasing strain. …
Persistent link: https://www.econbiz.de/10009294915
The present study analyses the dynamics of a Cournot duopoly with managerial sales delegation and bounded rational …
Persistent link: https://www.econbiz.de/10009323940