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  • 标题:Pricing Behaviour of the Monopolistic and Duopolistic Firms in the Long Run with Heterogeneous Products
  • 本地全文:下载
  • 作者:Kamerschen, David R. ; Park, Jae-Hee
  • 期刊名称:Zagreb International Review of Economics and Business
  • 印刷版ISSN:1331-5609
  • 出版年度:2000
  • 卷号:3
  • 期号:1
  • 页码:73-105
  • 出版社:Ekonomski fakultet Sveučilišta u Zagrebu
  • 摘要:Scholars have compared the pricing behaviour where a monopolist in the short run produces heterogeneous products 1 and 2, and a duopolist i produces goods i (i = 1, 2), where there are exogenous shocks to marginal cost and/or industry demand. This pricing behaviour is short run in that no entry is considered. However, this paper considers whether the existence of a potential entrant producing heterogeneous goods affects the pricing behaviour of the established monopolist under the same random shocks.
  • 关键词:Cournot profits; heterogeneous products; Nash equilibrium; probability; pricing behaviour
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