Equilibrium payoffs in a Bertrand-Edgeworth model with product differentiation
AbstractIn this note, we consider a Bertrand-Edgeworth duopoly model in which products are differentiated ”à la Hotelling”. We assumine that only one of the two firms faces a capacity constraint. For this particular case, we characterize the equilibrium payoff of the unconstrained firm for the complete domain of capacity levels.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 12 (2005)
Issue (Month): 11 ()
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Other versions of this item:
- Wauthy, Xavier, 2006. "Equilibrium payoffs in a Bertrand-Edgeworth model with product differentiation," Open Access publications from UniversitÃ© catholique de Louvain info:hdl:2078.3/118990, Université catholique de Louvain.
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
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