On strategic complementarity conditions in Bertrand oligopoly

被引:5
作者
Amir, R
Grilo, I
机构
[1] Univ Catholique Louvain, CORE, B-1348 Louvain, Belgium
[2] Univ Catholique Louvain, Dept Econ, B-1348 Louvain, Belgium
[3] Univ Manchester, Sch Econ Studies, Manchester, Lancs, England
[4] Commiss European Communities, B-1049 Brussels, Belgium
[5] Univ Lille 3, GREMARS, Lille, France
[6] Univ Catholique Louvain, CORE, B-1348 Louvain, Belgium
关键词
price competition; supermodularity; single-crossing property; critical sufficient condition;
D O I
10.1007/s00199-002-0283-x
中图分类号
F [经济];
学科分类号
02 ;
摘要
For Bertrand duopoly with linear costs, we establish via a single (counter-)example 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 to do so, and (ii) Topkis's notion of critical sufficient condition for monotonicity of a Bertrand firm's best-reply correspondence cannot be extended to rely only on positive unit costs.
引用
收藏
页码:227 / 232
页数:6
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