Cournot–Nash and Bertrand–Nash equilibria for a heterogeneous duopoly of differentiated products

Autor:	V.M. Gorbachuk
Rok vydání:	2010
Předmět:	Competition (economics) symbols.namesake General Computer Science Analytical expressions Nash equilibrium Complementarity (molecular biology) symbols Economics Product differentiation Cournot competition Mathematical economics Duopoly
Zdroj:	Cybernetics and Systems Analysis. 46:25-33
ISSN:	1573-8337 1060-0396
DOI:	10.1007/s10559-010-9180-7
Popis:	Under Cournot---Nash and Bertrand---Nash equilibria, analytical expressions are found for outputs, prices, and profits in the case when all duopoly parameters of differentiated products are different. It is shown that the signs of differences between such outputs, prices, and profits depend on the complementarity or substitutability of products. The concepts of exogenous, endogenous, and asymmetric differentiated products are introduced.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::8c633f2c2f7a20d39af2f8d87867170b https://doi.org/10.1007/s10559-010-9180-7 Zobrazit plný text záznamu Full text from SpringerLink