Price discrimination in asymmetric Cournot oligopoly

Autor:	Barna Bakó, András Kálecz-Simon
Rok vydání:	2012
Předmět:	Bertrand paradox (economics) Oligopoly Microeconomics Economics and Econometrics Average price Economics Price discrimination Cournot competition Finance
Zdroj:	Economics Letters. 116:301-303
ISSN:	0165-1765
DOI:	10.1016/j.econlet.2012.03.016
Popis:	In this article we examine the effects of third degree price discrimination in asymmetric Cournot oligopolies. We show that the average price is not affected by the extent of price discrimination. We find that the asymmetry between firms is reflected only by the output produced for the lowest-valuation consumers and firms produce equal quantities to the other consumer groups.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::ebd5d7821b5b676d02ae89ba65bf7ace https://doi.org/10.1016/j.econlet.2012.03.016 Zobrazit plný text záznamu Full Text from ScienceDirect