Price Versus Quantity Competition in a Vertically Related Market with Retailer's Effort

被引：4

作者：

Liu, Qian ^{[2
]}

Wang, Leonard F. S. ^{[1
]}

机构：

[1] Zhongnan Univ Econ & Law, Wenlan Sch Business, 182 Nanhu Ave,East Lake High Tech Dev Zone, Wuhan 430073, Peoples R China

[2] Guangdong Univ Foreign Studies, Int Serv Econ Res Inst, Guangzhou, Peoples R China

来源：

B E JOURNAL OF THEORETICAL ECONOMICS | 2022年 / 22卷 / 01期

关键词：

Cournot; Bertrand; vertically-related market; decentralized bargaining; promotional effort; DIFFERENTIATED DUOPOLY; BERTRAND; COURNOT; MANUFACTURERS; EFFICIENCY; INFERENCE; OLIGOPOLY; PRODUCT; CHOICE;

D O I：

10.1515/bejte-2020-0036

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Allowing downstream retailers to engage in demand-enhancing investment, this paper demonstrates that the classical conclusions regarding the comparison of Cournot and Bertrand competition in a vertically related market with decentralized bargaining are completely reversed. It shows that Bertrand competition is more efficient than Cournot competition, in the sense that both consumer surplus and social welfare are always higher in the former.

引用

页码：51 / 66

页数：16

共 50 条

[41] Demand information sharing in a two-echelon supply chain with a risk-averse retailer: retail price decision versus retail quantity decision
Cai, Jianhu
Sun, Haining
Hu, Xiaoqing
Jin, Kangjie
Ping, Minyan
INTERNATIONAL TRANSACTIONS IN OPERATIONAL RESEARCH, 2022, 29 (06) : 3657 - 3680
[42] The effect of competition on price discrimination in the international flight market between the U.S. and China
He, Qingxin
ECONOMICS OF TRANSPORTATION, 2016, 7-8 : 1 - 23
[43] Analysis of water price determinants in France:: cost recovery, competition for the market and operator's strategy
Garcia, S
Guérin-Schneider, L
Fauquert, G
Water Economics, Statistics and Finance, 2005, 5 (06): : 173 - 181
[44] Price effect of domestic oil tax under vertically related market structure: evidence from the United States, EU and Japan
Sun, Zesheng
Hong, Junjie
Xu, Xiangdong
OPEC ENERGY REVIEW, 2013, 37 (01) : 81 - 104
[45] COMPETITION VERSUS MARKET RESTRICTIONS - GOVERNMENTAL INTERVENTION IN MARKET COORDINATION OF INFORMATION AND DOCUMENTATION SECTORS - GERMAN - AUGSTIN,S
NAUMANN, U
ZEITSCHRIFT FUR BIBLIOTHEKSWESEN UND BIBLIOGRAPHIE, 1978, 25 (04): : 321 - 324
[46] Huge declines in price as competition heats up in Vancouver's booming laser-surgery market
Kent, H
CANADIAN MEDICAL ASSOCIATION JOURNAL, 1999, 161 (07) : 857 - 858
[47] The Coordination Mechanism of Fresh Agricultural Products Supply Chain: A Game-Theoretic Approach Considering Retailer's Fairness Concern and Price Competition
Xi, Jing
Lai, Lingling
Li, Yong
Yang, Dongting
ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, 2025, 59 (01): : 120 - 137
[48] The Collapse of the Price of Oil and the Importance of Fair Market Competition and Optimizing Public and Private Resources: Assessing Angola's Contraceptive Market Landscape
Harrison, Denise L.
GLOBAL HEALTH-SCIENCE AND PRACTICE, 2017, 5 (03): : 525 - 527
[49] Market structure, outer versus inner competition: the case of Italy’s credit coop banks
Coccorese P.
Ferri G.
Lacitignola P.
Lopez J.
International Review of Economics, 2016, 63 (3) : 259 - 279
[50] The Theory of Monopolistic Competition, Marketing's Intellectual History, and the Product Differentiation Versus Market Segmentation Controversy
Hunt, Shelby D.
JOURNAL OF MACROMARKETING, 2011, 31 (01) : 73 - 84

← 1 2 3 4 5 →