Competition for Customers
AbstractWe 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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Bibliographic InfoPaper provided by University of Bonn, Germany in its series Discussion Paper Serie A with number 244.
Date of creation: Sep 1989
Date of revision:
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