Characterization of the support of the mixed strategy price equilibria in oligopolies with heterogeneous consumers

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 99
Issue: 2
Pages: 242-245

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

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

Abstract

This paper revisits the theory of oligopoly pricing and shows that for a large class of demand and cost functions, a mixed strategy equilibrium necessarily implies that each firm's equilibrium strategy is a discrete distribution over a finite number of prices.

Technical Details

RePEc Handle
repec:eee:ecolet:v:99:y:2008:i:2:p:242-245
Journal Field
General
Author Count
1
Added to Database
2026-01-29