A price-setting game with a nonatomic fringe

被引:2
|
作者
Tasnádi, A [1 ]
机构
[1] Budapest Univ Econ Sci & Publ Adm, Dept Math, H-1093 Budapest, Hungary
关键词
Bertrand-Edgeworth; dominant firm; price leadership;
D O I
10.1016/S0165-1765(00)00264-0
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper extends the Bertrand-Edgeworth price-setting game with finitely many firms to a game with infinitely many firms. Taking a market with one significant firm and a nonatomic fringe, we present a microfoundation of dominant-firm price leadership. (C) 2000 Elsevier Science S.A. All rights reserved.
引用
收藏
页码:63 / 69
页数:7
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