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On Stackelberg Equilibria with Differentiated Products: the Critical Role of the Strategy Space

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Author Info

  • Boyer, M.
  • Moreaux, M.

Abstract

Nous Considerons Dans Cet Article un Modele de Duopole Avec Produits Differencies; Nous Montrons Que le Caractere Substituts Vs Complements de Ces Produits Est un Facteur Important Dans la Determination du Mode de Concurrence Strategique (Cournot-Bertrand, Nash Mixte, Stackelberg; En Prix Ou Quantites) Que L'on Est Susceptible D'observer. Si les Produits Sont Substituts (Complements), la Concurrence Sera du Type Cournot (Bertrand) Plutot Que du Type Nash Mixte a Moins Qu'une Firme Puisse Affirmer Son Leadership et Forcer une Concurrence a la Stackelberg Mais Quel Soit le Role Tenu Par une Firme, Il Sera Preferable Pour Elle Que la Concurrence S'exprime En Quantite (Prix). Par Ailleurs, la Concurrence a la Bertrand Est Toujours la Meilleure du Point de Vue des Consommateurs et du Point de Vue de L'efficacite Sociale, et Ce, Que les Produits Soient Susbtituts Ou Complements.

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File URL: http://hdl.handle.net/1866/405
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Bibliographic Info

Paper provided by Universite de Montreal, Departement de sciences economiques in its series Cahiers de recherche with number 8524.

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Length: 29P. pages
Date of creation: 1985
Date of revision:
Handle: RePEc:mtl:montde:8524

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Keywords: Economic Equilibrium ; Production Diversification;

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Cited by:
  1. Lambertini, Luca, 2000. "Strategic Delegation and the Shape of Market Competition," Scottish Journal of Political Economy, Scottish Economic Society, vol. 47(5), pages 550-70, November.
  2. Goddard, Ellen W. & Shank, Benjamin & Panter, Chris & Nilsson, Tomas K.H. & Cash, Sean B., 2007. "Canadian Chicken Industry: Consumer Preferences, Industry Structure and Producer Benefits from Investment in Research and Advertising," Project Report Series 52088, University of Alberta, Department of Resource Economics and Environmental Sociology.
  3. Lambertini, Luca, 1997. "Unicity of the equilibrium in the unconstrained Hotelling model," Regional Science and Urban Economics, Elsevier, vol. 27(6), pages 785-798, November.
  4. Boyer, Marcel & Moreaux, Michel, 1985. "La convergence d’équilibres stratégiques en prix-quantités vers l’équilibre concurrentiel," L'Actualité Economique, Société Canadienne de Science Economique, vol. 61(4), pages 411-427, décembre.
  5. L. Lambertini & S. Poddar & D. Sasaki, 1998. "RJV in Product Innovation and the Form of Market Competition," Working Papers 343, Dipartimento Scienze Economiche, Universita' di Bologna.
  6. L. Lambertini, 1997. "Time Consistency in Games of Timing," Working Papers 302, Dipartimento Scienze Economiche, Universita' di Bologna.
  7. Kovenock, Dan & Widdows, Kealoha, 1998. "Price leadership and asymmetric price rigidity," European Journal of Political Economy, Elsevier, vol. 14(1), pages 167-187, February.
  8. Boyer, Marcel & Moreaux, Michel, 1985. "L’équilibre concurrentiel comme limite de suites d’équilibres stratégiques de Stackelberg," L'Actualité Economique, Société Canadienne de Science Economique, vol. 61(3), pages 299-315, septembre.
  9. Acharyya, Rajat & Marjit, Sugata, 1998. "To Liberalize or Not to Liberalize an LDC-Market with an Inefficient Incumbent," International Review of Economics & Finance, Elsevier, vol. 7(3), pages 277-296.
  10. Giulio ECCHIA & Luca LAMBERTINI, 2001. "Endogenous Timing and Quality Standards in a Vertically Differentiated Duopoly," Discussion Papers (REL - Recherches Economiques de Louvain) 2001021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  11. Luca Lambertini, 1995. "Cournot Vs Stackelberg Equilibria With Entrepreneurial and Labour Managed Firms," Working Papers 217, Dipartimento Scienze Economiche, Universita' di Bologna.
  12. L. Lambertini, 1997. "Extended Games Played by Managerial Firms," Working Papers 296, Dipartimento Scienze Economiche, Universita' di Bologna.
  13. Sang-Ho Lee, 2002. "Pricing, Quality-Setting, and Order of Plays in an Online Information Market," International Journal of Business and Economics, College of Business, and College of Finance, Feng Chia University, Taichung, Taiwan, vol. 1(3), pages 179-191, December.
  14. Luca Lambertini, 1996. "The International Coordination of Monetary Policy: A Game-Theoretic Reformulation," Working Papers 250, Dipartimento Scienze Economiche, Universita' di Bologna.
  15. Scrimitore, Marcella, 2010. "Managerial Incentives and Stackelberg Equilibria in Oligopoly," MPRA Paper 24245, University Library of Munich, Germany.
  16. Banerjee, Dyuti S. & Chatterjee, Ishita, 2014. "Exploring Stackelberg profit ordering under asymmetric product differentiation," Economic Modelling, Elsevier, vol. 36(C), pages 309-315.
  17. Thierry Lafay, 2010. "A linear generalization of Stackelberg’s model," Theory and Decision, Springer, vol. 69(2), pages 317-326, August.

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