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Equilibrium payoffs in a Bertrand-Edgeworth model with product differentiation
被引:0
|作者:
Boccard, Nicolas
[1
]
Wauthy, Xavier
[2
]
机构:
[1] Univ Girona, Girona, Spain
[2] Fac Univ Saint Louis, CEREC, Brussels, Belgium
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中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
In this note, we consider a Bertrand-Edgeworth duopoly model in which products are differentiated "a la Hotelling". We assumine that only one of the two firms faces a capacity constraint. For this particular case, we characterize the equilibrium payoff of the unconstrained firm for the complete domain of capacity levels.
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