Price Equilibria in Pure Strategies for Homogeneous Oligopoly

B-Tier
Journal: Journal of Economics & Management Strategy
Year: 1992
Volume: 1
Issue: 1
Pages: 63-81

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

For a homogeneous product oligopoly market, possibilities for pure strategy Nash equilibria in prices are studied. Consumers, who each nonstrategically purchase one unit up to a common reservation price, are hypothesized to be more concerned with large price differences (and therefore buy from the cheapest firm) than slightly different prices. For the duopoly case, existence, uniqueness, and characterization results are provided. Linear examples are given with 2 and n firms.

Technical Details

RePEc Handle
repec:bla:jemstr:v:1:y:1992:i:1:p:63-81
Journal Field
Industrial Organization
Author Count
2
Added to Database
2026-01-29