Welfare consequence of an asymmetric regulation in a mixed Bertrand duopoly

DOI10.1016/J.ECONLET.2011.12.004MaRDI QIDQ433723zbMATH OpenOpenAlexFDO

Authors Toshihiro Matsumura

Publication date 6 July 2012

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2011.12.004

zbMATH Keywords

mixed marketssupply obligationunique pure strategy Bertrand equilibrium

Mathematics Subject Classification ID

Special types of economic markets (including Cournot, Bertrand) (91B54) Welfare economics (91B15)

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Cites work

• Bertrand competition in markets with fixed costs
• Collusive outcomes in price competition.
• Comparing Cournot and Bertrand in a homogeneous product market
• Effects of indirect taxation in a mixed oligopoly
• Endogenous timing in a mixed oligopoly
• Endogenous timing in duopoly games: Stackelberg or Cournot equilibria
• Mixed Bertrand equilibria under decreasing returns to scale: an embarrassment of riches
• Mixed oligopoly at free entry markets
• Mixed oligopoly, privatization, subsidization, and the order of firms' moves: several types of objectives
• On the existence of pure strategy Bertrand equilibrium
• On the uniqueness of Bertrand equilibrium
• Pricing in Bertrand competition with increasing marginal costs

Cited in

(8)

• Bargaining power and firm profits in asymmetric duopoly: an inverted-U relationship
• Long-run welfare effect of energy conservation regulation
• Asymmetric equilibria under price cap regulation
• An analysis of entry-then-privatization model: welfare and policy implications
• The welfare impact of a managerial oligopoly with an altruistic firm
• Validity of the ``principle of maximum product differentiation in a unionized mixed-duopoly
• Comparing welfare and profit in quantity and price competition within Stackelberg mixed duopolies
• ASYMMETRIC MULTIPRODUCT FIRMS, PROFITABILITY AND WELFARE

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