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For Bertrand duopoly with linear costs, we establish via a single counterexample that: (i) A new monotone transformation of the firms' profit functions may lead to the supermodularity of transformed profits when the standard log and identity transformations both fail, and (ii) Topkis's notion of...
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We consider the issue of endogenous timing, according to the extended game of Hamilton-Sluytsky (1990), for the classical Coumot and Bertrand duopolies. We provide minimal sufficient conditions, directly on the primitives of each model (i.e. the demand and cost functions), yielding the...
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