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Mixed Bertrand equilibria under decreasing returns to scale: an embarrassment of riches

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  • Hoernig, Steffen H.

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  • Hoernig, Steffen H., 2002. "Mixed Bertrand equilibria under decreasing returns to scale: an embarrassment of riches," Economics Letters, Elsevier, vol. 74(3), pages 359-362, February.
    • Handle: RePEc:eee:ecolet:v:74:y:2002:i:3:p:359-362
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    1. Dastidar, Krishnendu Ghosh, 1995. "On the Existence of Pure Strategy Bertrand Equilibrium," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(1), pages 19-32, January.
    2. Hoernig, Steffen, 2005. "Bertrand Equilibria and Sharing Rules," CEPR Discussion Papers 4972, C.E.P.R. Discussion Papers.
    3. Baye, Michael R. & Morgan, John, 1999. "A folk theorem for one-shot Bertrand games," Economics Letters, Elsevier, vol. 65(1), pages 59-65, October.
    4. Todd R. Kaplan & David Wettstein, 2000. "The possibility of mixed-strategy equilibria with constant-returns-to-scale technology under Bertrand competition," Spanish Economic Review, Springer;Spanish Economic Association, vol. 2(1), pages 65-71.
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    Cited by:

    1. Matsumura, Toshihiro, 2012. "Welfare consequence of an asymmetric regulation in a mixed Bertrand duopoly," Economics Letters, Elsevier, vol. 115(1), pages 94-96.
    2. Andersson, Ola & Argenton, Cédric & Weibull, Jörgen W., 2014. "Robustness to strategic uncertainty," Games and Economic Behavior, Elsevier, vol. 85(C), pages 272-288.
    3. R. R. Routledge & R. A. Edwards, 2020. "Ambiguity and price competition," Theory and Decision, Springer, vol. 88(2), pages 231-256, March.
    4. Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2020. "A general model of price competition with soft capacity constraints," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(1), pages 95-120, July.
    5. R. A. Edwards & R. R. Routledge, 2023. "Existence and uniqueness of Nash equilibrium in discontinuous Bertrand games: a complete characterization," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(2), pages 569-586, June.
    6. Marie‐Laure Cabon‐Dhersin & Nicolas Drouhin, 2014. "Tacit Collusion in a One‐Shot Game of Price Competition with Soft Capacity Constraints," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(2), pages 427-442, June.
    7. Rupayan Pal, 2010. "How much should you own? Cross-ownership and privatization," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2010-015, Indira Gandhi Institute of Development Research, Mumbai, India.
    8. Saporiti Alejandro & Coloma Germán, 2010. "Bertrand Competition in Markets with Fixed Costs," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-30, June.
    9. Cumbul, Eray & Virág, Gábor, 2018. "Multilateral limit pricing in price-setting games," Games and Economic Behavior, Elsevier, vol. 111(C), pages 250-273.
    10. 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).
    11. Steffen Hoernig, 2007. "Bertrand Games and Sharing Rules," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 31(3), pages 573-585, June.
    12. Makoto Yano & Takashi Komatsubara, 2018. "Price competition or price leadership," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(4), pages 1023-1057, December.
    13. Routledge, Robert R., 2010. "Bertrand competition with cost uncertainty," Economics Letters, Elsevier, vol. 107(3), pages 356-359, June.
    14. Hoernig, Steffen, 2005. "Bertrand Equilibria and Sharing Rules," CEPR Discussion Papers 4972, C.E.P.R. Discussion Papers.
    15. Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2021. "Chamberlin without differentiation: Soft-capacity constrained price competition with free entry," Working Papers halshs-03378500, HAL.
    16. Amarjyoti Mahanta, 2019. "Endogenous strategic variable in a mixed duopoly," Journal of Economics, Springer, vol. 128(1), pages 47-65, September.
    17. Ugo Albertazzi, 2006. "Incentives in universal banks," Temi di discussione (Economic working papers) 572, Bank of Italy, Economic Research and International Relations Area.
    18. Robert R. Routledge, 2009. "On the existence of Bayesian Bertrand equilibrium," Economics Discussion Paper Series 0917, Economics, The University of Manchester.
    19. Ritzberger, Klaus, 2009. "Price competition with population uncertainty," Mathematical Social Sciences, Elsevier, vol. 58(2), pages 145-157, September.
    20. Peter‐J. Jost & Anna Ressi, 2022. "What can I do for you? Optimal market segmentation in service markets," Production and Operations Management, Production and Operations Management Society, vol. 31(7), pages 2838-2852, July.
    21. Roy Chowdhury, Prabal, 2009. "Free Entry Bertrand Competition," MPRA Paper 17837, University Library of Munich, Germany.
    22. Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2022. "Chamberlin without differentiation: Soft-capacity constrained price competition with free entry," Post-Print halshs-03378500, HAL.
    23. Marie‐Laure Cabon‐Dhersin & Nicolas Drouhin, 2023. "Chamberlin without differentiation: Soft capacity constrained price competition with free entry," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(1), pages 118-126, March.
    24. Bagh, Adib, 2010. "Pure strategy equilibria in Bertrand games with discontinuous demand and asymmetric tie-breaking rules," Economics Letters, Elsevier, vol. 108(3), pages 277-279, September.
    25. Argenton, Cédric & Müller, Wieland, 2012. "Collusion in experimental Bertrand duopolies with convex costs: The role of cost asymmetry," International Journal of Industrial Organization, Elsevier, vol. 30(6), pages 508-517.

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