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Endogenous Horizontal Product Differentiation under Bertrand and Cournot Competition: Revisiting the Bertrand Paradox

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NBER2015-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w20966
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资源简介:
This paper provides a new and simple model of endogenous horizontal product differentiation based on a standard demand structure derived from quadratic utility. One objective of the paper is to explain the empirical Bertrand paradox the failure to observe homogeneous product Bertrand oligopoly,
提供机构:
美国国家经济研究局
创建时间:
2015-03-01
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