Hsu, Judy; Wang, X. - In: Review of Industrial Organization 27 (2005) 2, pp. 185-191
Häckner (2000, Journal of Economic Theory 93, 233–239) shows that in a differentiated oligopoly with more than two firms, prices may be higher under Bertrand competition than under Cournot competition, implying that the classical result of Singh and Vives (1984, Rand Journal of Economics, 15,...