We present a model of imperfect price competition where not all firms can sell to all consumers. A network structure … network, which corresponds to perfect competition, and decreases monotonically as the network becomes less connected until …

network structure models the local interaction of firms and consumers. We solve for the unique equilibrium of duopolistic … price competition and study the implications of network structure on pricing behavior and welfare. Aggregate surplus is … maximized with a fully connected network, which corresponds to perfect competition, and decreases monotonically as the network …

both prices and quantities (capacity levels) within a simple duopoly market setting where products are asymmetrically …, may not fully cover market demand for an incumbent duopoly …