Add to ORKGIn this paper we show that a homogeneous-product market with multiple Bertrand equilibria becomes a market with a single Bertrand equilibrium when we introduce a small degree of product differentiation. When differentiation tends to zero, that Bertrand equilibrium converges to the unique price-taking equilibrium of the homogeneous-product market, which is in turn one of the multiple Bertrand equilibria for that market.Bertrand equilibrium, price-taking equilibrium, product differentiation
This paper studies mathematical properties and dynamics of a duopoly with price competition and hori...
Häckner (2000) shows that in a differentiated oligopoly with more than two firms , prices may be hig...
This note analyzes the Bertrand duopoly with constant but asymmetric marginal costs on a market with...
In this paper we show that a homogeneous-product market with multiple Bertrand equilibria becomes a ...
We show that in a duopoly with homogeneous consumers, if these are negatively influenceable by each ...
This paper incorporates imperfect divisibility of money in a price game where a given number of iden...
I introduce non-perfect substitutability between products into the spatial Bertrand model. I show th...
This paper incorporates imperfect divisibility of money in a price game where a given number of iden...
We experimentally test Bertrand-Nash equilibria in markets with differentiated products. In contrast...
This paper investigates simultaneous move capacity constrained price competition game among three fi...
In this note, we consider a Bertrand-Edgeworth duopoly model in which products are differentiated "à...
Using an example, we study the analogs, for the differentiated product case, of the Cournot and Bert...
This note analyzes the Bertrand duopoly with constant but asym-metric marginal costs on a market wit...
This paper provides necessary and sufficient conditions for the existence of a pure strategy Bertran...
Two one-product firms compete in prices on a market with differentiated products. Goods are differen...
This paper studies mathematical properties and dynamics of a duopoly with price competition and hori...
Häckner (2000) shows that in a differentiated oligopoly with more than two firms , prices may be hig...
This note analyzes the Bertrand duopoly with constant but asymmetric marginal costs on a market with...
In this paper we show that a homogeneous-product market with multiple Bertrand equilibria becomes a ...
We show that in a duopoly with homogeneous consumers, if these are negatively influenceable by each ...
This paper incorporates imperfect divisibility of money in a price game where a given number of iden...
I introduce non-perfect substitutability between products into the spatial Bertrand model. I show th...
This paper incorporates imperfect divisibility of money in a price game where a given number of iden...
We experimentally test Bertrand-Nash equilibria in markets with differentiated products. In contrast...
This paper investigates simultaneous move capacity constrained price competition game among three fi...
In this note, we consider a Bertrand-Edgeworth duopoly model in which products are differentiated "à...
Using an example, we study the analogs, for the differentiated product case, of the Cournot and Bert...
This note analyzes the Bertrand duopoly with constant but asym-metric marginal costs on a market wit...
This paper provides necessary and sufficient conditions for the existence of a pure strategy Bertran...
Two one-product firms compete in prices on a market with differentiated products. Goods are differen...
This paper studies mathematical properties and dynamics of a duopoly with price competition and hori...
Häckner (2000) shows that in a differentiated oligopoly with more than two firms , prices may be hig...
This note analyzes the Bertrand duopoly with constant but asymmetric marginal costs on a market with...