Winner-take-all price competition

B-Tier
Journal: Economic Theory
Year: 2002
Volume: 19
Issue: 2
Pages: 271-282

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We analyze an oligopoly model of homogeneous product price competition that allows for discontinuities in demand and/or costs. Conditions under which only zero profit equilibrium outcomes obtain in such settings are provided. We then illustrate through a series of examples that the conditions provided are "tight" in the sense that their relaxation leads to positive profit outcomes.

Technical Details

RePEc Handle
repec:spr:joecth:v:19:y:2002:i:2:p:271-282
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24