Symmetric equilibrium existence and optimality in differentiated product markets

DOI10.1016/0022-0531(89)90108-7zbMath0673.90015OpenAlexW1973862584MaRDI QIDQ1121149

Nicholas Economides

Publication date: 1989

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(89)90108-7

zbMATH Keywords

optimalitydifferentiated product marketsEquilibrium existencegame of three stages

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Other game-theoretic models (91A40) General equilibrium theory (91B50)

Related Items (13)

ON THE PRICE EFFECTS OF HORIZONTAL MERGERS: A THEORETICAL INTERPRETATION ⋮ Optimal product differentiation in a circular model ⋮ Symmetric equilibrium existence and optimality in differentiated product markets ⋮ Competition in multi-characteristics spaces: Hotelling was almost right ⋮ Inventory costs and the optimal spacing of retail stores ⋮ Uneven spacing in free-entry equilibrium for spatial product differentiation ⋮ Special offers and clustering under symmetric monopoly ⋮ Cost-reducing horizontal mergers that leave prices unchanged in models of spatial competition ⋮ Evolution of a collusive price in a networked market ⋮ Skill mismatch and unemployment ⋮ Wholesale competition in the international telecommunications system ⋮ Are you being served? A general-equilibrium analysis of flexibility in production ⋮ Equilibrium uniqueness in oligopoly games with strategic complements

Cites Work

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• Symmetric equilibrium existence and optimality in differentiated product markets
• Equilibrium in simple spatial (or differentiated product) models
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• Reexamination of the perfectness concept for equilibrium points in extensive games
• A model of equilibrium with differentiated commodities
• Monopolistic Competition in a Large Economy with Differentiated Commodities
• Relaxing Price Competition Through Product Differentiation
• Natural Oligopolies
• The Principle of Minimum Differentiation Reconsidered: Some New Developments in the Theory of Spatial Competition
• Product Selection, Fixed Costs, and Monopolistic Competition
• On Hotelling's "Stability in Competition"
• Equilibrium points in n -person games

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