UNCERTAINTY OVER PRODUCT DIFFERENTIATION IN A PRICE-SETTING DUOPOLY - A NONROBUSTNESS RESULT

被引：3
|
作者：
HARRINGTON, JE
机构：
[1] The Johns Hopkins University, Baltimore, MD
来源：
ECONOMICS LETTERS | 1992年 / 39卷 / 03期
关键词：
D O I：
10.1016/0165-1765(92)90262-W
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The Bertrand price game is modified to allow firms to be uncertain about the degree of product differentiation. The set of equilibrium prices is found to be discontinuous in this type of uncertainty. Firms can sustain prices in excess of that which can be sustained when it is common knowledge that products are maximally differentiated.
引用
收藏
页码：283 / 288
页数：6
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