PRICE AND QUANTITY COMPETITION IN HOMOGENEOUS DUOPOLY MARKETS

被引：3

作者：

ALLEN, B

机构：

[1] University of Pennsylvania, Philadelphia, PA

来源：

ECONOMICS LETTERS | 1992年 / 38卷 / 04期

基金：

美国国家科学基金会;

关键词：

D O I：

10.1016/0165-1765(92)90028-W

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A noncooperative duopoly game is formulated in which the quantity player sells its entire amount (up to consumer demand) while the price player supplies residual demand; both firms transact at the same price. Depending on the ordering, two-stage subgame perfect equilibria are equivalent to simultaneous price and quantity Nash equilibria or include also the Stackelberg equilibrium. In any case, a firm prefers to be the quantity player.

引用

页码：417 / 422

页数：6

共 10 条

[1] BEING A LEADER OR A FOLLOWER - REFLECTIONS ON THE DISTRIBUTION OF ROLES IN DUOPOLY [J].