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A Comment on Yin, Xiangkang and Yew‐Kwang Ng: Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes: A Case with Product Differentiation

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  • Norbert Schulz

Abstract

This comment points out a gap in the proof of Theorem 2 contained in the paper by Yin and Ng. It is shown that the price reaction functions in their modelling approach are not continuous for all capacity subgames, contradicting the claim of Lemma 1. Possible remedies are suggested.

Suggested Citation

  • Norbert Schulz, 2000. "A Comment on Yin, Xiangkang and Yew‐Kwang Ng: Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes: A Case with Product Differentiation," Australian Economic Papers, Wiley Blackwell, vol. 39(1), pages 108-112, March.
    • Handle: RePEc:bla:ausecp:v:39:y:2000:i:1:p:108-112
    DOI: 10.1111/1467-8454.00078
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    Cited by:

    1. Jason J. Lepore & Aric P. Shafran, 2013. "Consumer Rationing and Cournot Outcomes: Experimental Evidence," Southern Economic Journal, John Wiley & Sons, vol. 79(3), pages 727-746, January.

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