Capacity precommitment and price competition yield the Cournot outcome

DOI10.1016/J.GEB.2005.08.011MaRDI QIDQ2507680zbMATH OpenOpenAlexFDO

Authors Diego Moreno, Luis Ubeda

Publication date 5 October 2006

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2005.08.011

Mathematics Subject Classification ID

Noncooperative games (91A10) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• Capacity precommitment as a barrier to entry: A Bertrand-Edgeworth approach
• Coalition-proof supply function equilibria in oligopoly.
• Price competition in a capacity-constrained duopoly
• Supply Function Equilibria in Oligopoly under Uncertainty

Cited in

(17)

• Price and capacity competition
• Capacity choices and price competition in experimental markets
• Capacity precommitment as a barrier to entry: A Bertrand-Edgeworth approach
• Bertrand competition and Cournot outcomes: Further results
• Upward pricing pressure under capacity constraints, kinked demand and other cases of a constrained pre-merger equilibrium
• A general model of price competition with soft capacity constraints
• Strategic incentives for keeping one set of books under the arm's length principle
• On the equivalence of quantity competition and supply function competition with sunk costs
• Capacity precommitment, price competition and forward markets
• Quantity precommitment and price-matching
• Cournot oligopoly theory for simple electricity markets
• EXCESS CAPACITY IN POST ENTRY COURNOT COMPETITION
• On the relationship between quantity precommitment and Cournot games
• Capacity constraints and voluntary output cutback in dynamic Cournot competition
• Product technology adoption and aggregate innovation
• Capacity precommitment, communication, and collusive pricing: theoretical benchmark and experimental evidence
• Competing auctions with endogenous quantities

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