Satoh, Atsuhiro; Tanaka, Yasuhito - Volkswirtschaftliche Fakultät, … - 2015
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 …