PRICE STRATEGY OLIGOPOLY WITH PRODUCT VARIATION

被引：35

作者：

SHAPLEY, L

SHUBIK, M

机构：

[1] RAND CORP,SANTA MONICA,CA

[2] YALE UNIV,NEW HAVEN,CT

来源：

KYKLOS | 1969年 / 22卷 / 01期

关键词：

D O I：

10.1111/j.1467-6435.1969.tb02520.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This article presents a mathematical model for monopolistic price competition among firms with differentiated products. The conditions which distinguish the Chamberlinian analysis from that of Edgeworth are examined. Product differentiation is not sufficient to guarantee the existence of a stable non‐cooperative equilibrium point in terms of price. The relationship among the degree of product variation, amount of capacity, and stability are examined. Explicit formulas are obtained for the non‐cooperative equilibrium and the capacity conditions for its existence. The behavior of the model as the degree of differentiation approaches zero and as competition becomes large is examined. This connects the analysis of oligopoly with the analysis of pure competition. Copyright © 1969, Wiley Blackwell. All rights reserved

引用

页码：30 / 44

页数：15