Price versus quantity in a mixed duopoly

被引：101
|
作者：
Matsumura, Toshihiro [2 ]
Ogawa, Akira [1 ]
机构：
[1] Int Christian Univ, Coll Liberal Arts, Mitaka, Tokyo 1818585, Japan
[2] Univ Tokyo, Inst Social Sci, Tokyo 1138654, Japan
来源：
ECONOMICS LETTERS | 2012年 / 116卷 / 02期
关键词：
Cournot; Bertrand; Mixed markets; Differentiated products; PROFITABILITY; COMPETITION; STRATEGIES; OLIGOPOLY;
D O I：
10.1016/j.econlet.2012.02.012
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We revisit the classic discussion of the endogenous choice of a price or a quantity contract, but in a mixed duopoly. We find that choosing the price contract is a dominant strategy for both firms, whether the goods are substitutes or complements. (c) 2012 Elsevier B.V. All rights reserved.
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页码：174 / 177
页数：4
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