We consider an oligopolistic market with a given finite number of price setting firms. We study the dependence of the market share of a firm on its own price and give conditions on the distribution of consumers' characteristics such that the profit of a firm becomes a quasiconcave function of its price.
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Paper provided by University of Bonn, Germany in its series Discussion Paper Serie A with number
244.
Length: Date of creation: Sep 1989 Date of revision: Handle: RePEc:bon:bonsfa:244
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