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Persistent link: https://www.econbiz.de/10003930996
This paper explores the impact on firm-level demands under quantity competition tied to changes in the number of firms, product differentiation, and product group elasticity under price competition. It appears this deserves more attention. Some simple numerical analysis shows that inverse...
Persistent link: https://www.econbiz.de/10012723568
The first part of the paper reviews an analytical method for inverting demand in price competition to find the corresponding inverse demand under quantity competition. The method yields a simple function relating demand elasticities with inverse demand elasticities. The second part of the paper...
Persistent link: https://www.econbiz.de/10012720421