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A price competition game under free entry

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  • Makoto Yano

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Abstract

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File URL: http://hdl.handle.net/10.1007/s00199-005-0028-8
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Bibliographic Info

Article provided by Springer in its journal Economic Theory.

Volume (Year): 29 (2006)
Issue (Month): 2 (October)
Pages: 395-414

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Handle: RePEc:spr:joecth:v:29:y:2006:i:2:p:395-414

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Related research

Keywords: Bertrand price competition; Free entry; Competitive outcome; D43; D46;

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References

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  1. Stahl, Dale O, II, 1988. "Bertrand Competition for Inputs and Walrasian Outcomes," American Economic Review, American Economic Association, vol. 78(1), pages 189-201, March.
  2. Mandy, David M, 1992. "Nonuniform Bertrand Competition," Econometrica, Econometric Society, vol. 60(6), pages 1293-30, November.
  3. Dixon, Huw David, 1992. "The Competitive Outcome as the Equilibrium in an Edgeworthian Price-Quantity Model," Economic Journal, Royal Economic Society, vol. 102(411), pages 301-09, March.
  4. Dan Kovenock & Raymond Deneckere & Tom Faith & Beth Allen, 2000. "Capacity precommitment as a barrier to entry: A Bertrand-Edgeworth approach," Economic Theory, Springer, vol. 15(3), pages 501-530.
  5. Makoto Yano, 2005. "Coexistence of large firms and less efficient small firms under price competition with free entry," International Journal of Economic Theory, The International Society for Economic Theory, vol. 1(3), pages 167-188.
  6. Xavier Vives, 2001. "Oligopoly Pricing: Old Ideas and New Tools," MIT Press Books, The MIT Press, edition 1, volume 1, number 026272040x, December.
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Citations

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Cited by:
  1. Rodolphe Dos Santos Ferreira & Frédéric Dufourt, 2007. "Free entry equilibria with positive profits: A unified approach to quantity and price competition games," Post-Print halshs-00796163, HAL.
  2. Germán Coloma, 2009. "El número óptimo de empresas bajo competencia de Bertrand," CEMA Working Papers: Serie Documentos de Trabajo. 397, Universidad del CEMA.
  3. Makoto Yano, 2009. "The Foundation Of Market Quality Economics," The Japanese Economic Review, Japanese Economic Association, vol. 60(1), pages 1-32.
  4. Alejandro Saporiti & German Coloma, 2008. "Bertrand's price competition in markets with fixed costs," RCER Working Papers 541, University of Rochester - Center for Economic Research (RCER).

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