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An Asymmetric Oligopolist can Improve Welfare by Raising Price

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  • Ming Chang

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    File URL: http://hdl.handle.net/10.1007/s11151-009-9219-y
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    Bibliographic Info

    Article provided by Springer in its journal Review of Industrial Organization.

    Volume (Year): 36 (2010)
    Issue (Month): 1 (February)
    Pages: 75-96

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    Handle: RePEc:kap:revind:v:36:y:2010:i:1:p:75-96

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    Web page: http://www.springerlink.com/link.asp?id=100336

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    Keywords: Asymmetric oligopoly; Diversity value; Horizontal product differentiation; Output structure; Vertical product differentiation; L10; L13;

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    1. Oleksiy Andriychenko & Audrius Girnius & Atanu Saha, 2006. "Complementary Goods: Prices and Consumer Welfare Under Duopoly and Monopoly," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 13(3), pages 373-386.
    2. Okuguchi, Koji, 1987. "Equilibrium prices in the Bertrand and Cournot oligopolies," Journal of Economic Theory, Elsevier, vol. 42(1), pages 128-139, June.
    3. Amir, Rabah & Jin, Jim Y., 2001. "Cournot and Bertrand equilibria compared: substitutability, complementarity and concavity," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 19(3-4), pages 303-317, March.
    4. Simon P. Anderson & André de Palma, 2000. "Product Diversity in Asymmetric Oligopoly: Is the Quality of Consumer Goods too Low?," Virginia Economics Online Papers 349, University of Virginia, Department of Economics.
    5. Vickers, John, 1995. "Competition and Regulation in Vertically Related Markets," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 62(1), pages 1-17, January.
    6. Piercarlo Zanchettin, 2006. "Differentiated Duopoly with Asymmetric Costs," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(4), pages 999-1015, December.
    7. Berry, Steven & Levinsohn, James & Pakes, Ariel, 1995. "Automobile Prices in Market Equilibrium," Econometrica, Econometric Society, Econometric Society, vol. 63(4), pages 841-90, July.
    8. X. Wang & Jingang Zhao, 2009. "On the efficiency of indirect taxes in differentiated oligopolies with asymmetric costs," Journal of Economics, Springer, Springer, vol. 96(3), pages 223-239, April.
    9. X. Henry Wang & Judy Hsu, 2005. "On Welfare under Cournot and Bertrand Competition in Differentiated Oligopolies," Working Papers, Department of Economics, University of Missouri 0514, Department of Economics, University of Missouri.
    10. Gasmi, Farid & Laffont, Jean-Jacques & Vuong, Quang, 1992. "Econometric Analysis of Collusive Behavior in a Soft Drink Market," IDEI Working Papers 16, Institut d'Économie Industrielle (IDEI), Toulouse.
    11. Elhanan Helpman & Marc J. Melitz & Stephen R. Yeaple, 2004. "Export Versus FDI with Heterogeneous Firms," American Economic Review, American Economic Association, vol. 94(1), pages 300-316, March.
    12. Häckner, Jonas, 1999. "A Note on Price and Quantity Competition in Differentiated Oligopolies," Research Papers in Economics, Stockholm University, Department of Economics 1999:9, Stockholm University, Department of Economics.
    13. Susan M. V. Flaherty & Paul R. Zimmerman, 2005. "Does Allowing the Bells to Offer InterLATA Long-Distance Service Affect Entry into Local Telephony?," Southern Economic Journal, Southern Economic Association, vol. 72(1), pages 197–212, July.
    14. Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
    15. Tran Huu Dung, 1993. "Optimal Taxation and Heterogeneous Oligopoly," Canadian Journal of Economics, Canadian Economics Association, vol. 26(4), pages 933-47, November.
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    Cited by:
    1. Chang, Ming Chung & Lin, Yun-Chieh & Lin, Chiu Fen, 2012. "Comparing Cournot Duopoly And Monopoly With Asymmetric Differentiated Goods," Hitotsubashi Journal of Economics, Hitotsubashi University, Hitotsubashi University, vol. 53(2), pages 177-200, December.

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