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Duopoly: Value Where Sellers Are Few

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  • E. H. Chamberlin

Abstract

The problem stated and limited, 63. — The result when sellers consider only their direct influence upon price and adjust amounts (Cournot), 66. — The same when prices are adjusted (Bertrand, Marshall, Pareto, Edgeworth, Pigou), 69. — The result when sellers consider their total influence upon price, 83. — The factor of uncertainty as to what the other seller will do, 87. — The effects of '#|201C;friction," 89. — Summary, 91. Mathematical Appendix, 93. — Cournot, 93. — Pareto, 95. — Amoroso, 97. — Evans, 97> — Bowley, 98.

Suggested Citation

  • E. H. Chamberlin, 1929. "Duopoly: Value Where Sellers Are Few," The Quarterly Journal of Economics, Oxford University Press, vol. 44(1), pages 63-100.
  • Handle: RePEc:oup:qjecon:v:44:y:1929:i:1:p:63-100.
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    File URL: http://hdl.handle.net/10.2307/1885441
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    1. repec:eee:touman:v:48:y:2015:i:c:p:305-315 is not listed on IDEAS
    2. Leliefeld, Daniel & Motchenkova, Evgenia, 2007. "To protect in order to serve, adverse effects of leniency programs in view of industry asymmetry," Serie Research Memoranda 0002, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    3. Fonseca, Miguel A. & Normann, Hans-Theo, 2012. "Explicit vs. tacit collusion—The impact of communication in oligopoly experiments," European Economic Review, Elsevier, vol. 56(8), pages 1759-1772.
    4. Henrik Orzen, 2008. "Counterintuitive number effects in experimental oligopolies," Experimental Economics, Springer;Economic Science Association, vol. 11(4), pages 390-401, December.
    5. Bornstein, Gary & Kugler, Tamar & Budescu, David V. & Selten, Reinhard, 2008. "Repeated price competition between individuals and between teams," Journal of Economic Behavior & Organization, Elsevier, vol. 66(3-4), pages 808-821, June.
    6. Davies, Stephen & Olczak, Matthew & Coles, Heather, 2011. "Tacit collusion, firm asymmetries and numbers: Evidence from EC merger cases," International Journal of Industrial Organization, Elsevier, vol. 29(2), pages 221-231, March.
    7. Evgenia MOTCHENKOVA & Daniel LELIEFELD, 2010. "Adverse Effects Of Corporate Leniency Programs In View Of Industry Asymmetry," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 5(2(12)/Sum), pages 114-128.
    8. Farm, Ante, 2009. "Market Sharing and Price Leadership," Working Paper Series 3/2009, Stockholm University, Swedish Institute for Social Research.
    9. Rajeev K. Tyagi, 1999. "On the relationship between product substitutability and tacit collusion," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 20(6), pages 293-298.
    10. Zhiqi Chen & Thomas Ross, 2007. "Markets Linked by Rising Marginal Costs: Implications for Multimarket Contact, Recoupment, and Retaliatory Entry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 31(1), pages 1-21, August.
    11. Marcel Canoy & S. Onderstal, 2003. "Tight oligopolies: in search of proportionate remedies," CPB Document 29, CPB Netherlands Bureau for Economic Policy Analysis.
    12. repec:eee:corfin:v:45:y:2017:i:c:p:467-479 is not listed on IDEAS
    13. John Scott, 2009. "Competition in Research and Development: A Theory for Contradictory Predictions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 34(2), pages 153-171, March.
    14. Batlome Janjgava, 2013. "Free Entry and Social Efficiency under Unknown Demand Parameters," CERGE-EI Working Papers wp495, The Center for Economic Research and Graduate Education - Economics Institute, Prague.

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