Commitment and price competition in a dynamic differentiated-product duopoly

DOI10.1007/BF01231210zbMath0992.91028OpenAlexW2017190837MaRDI QIDQ1601971

Shyh-Fang Ueng, Michael R. Baye

Publication date: 1 July 2002

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01231210

zbMATH Keywords

closed-form solutionslinear demanddynamic price competitionduopolistic environmentlinear Markov-perfect equilibriumprice commitment

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62)

Cites Work

• A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs
• A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles
• The Folk Theorem in Repeated Games with Discounting or with Incomplete Information

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