A peek into a Pandora's box: Firm-level demand with price competition vs. quantity competition

被引：0
|
作者：
Kolberg, William [1 ]
机构：
[1] Ithaca Coll, Dept Econ, Ithaca, NY 14886 USA
来源：
ECONOMICS LETTERS | 2009年 / 105卷 / 03期
关键词：
Inverting demand systems; Game theory; Price competition; Quantity competition; Inverse demand; PRODUCT DIFFERENTIATION;
D O I：
10.1016/j.econlet.2009.08.011
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
An analytical method for inverting firm-level demand to obtain inverse demand while preserving the nature of the product is reviewed. Some simple numerical analysis then shows that inverse demand, compared with demand may be less price elastic, similar, or more price elastic as competition increases. (C) 2009 Elsevier B.V. All rights reserved.
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页码：242 / 246
页数：5
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