Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes: A Case with Product Differentiation

9 Pages Posted: 16 Mar 2011

See all articles by Xiangkang Yin

Xiangkang Yin

Deakin University; Financial Research Network (FIRN)

Ng Yew-Kwang

affiliation not provided to SSRN

Date Written: March 19, 2008

Abstract

Using a simple model of two-stage duopoly game, this paper shows that Bertrand-like price competition on a differentiated goods market, following a simultaneous endogenous choice of production capacity, yields the Cournot-like outcomes.

Suggested Citation

Yin, Xiangkang and Yew-Kwang, Ng, Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes: A Case with Product Differentiation (March 19, 2008). Australian Economic Papers, Vol. 36, Issue 68, pp. 14-22, 2008. Available at SSRN: https://ssrn.com/abstract=1786209 or http://dx.doi.org/10.1111/j.1467-8454.1997.tb00816.x

Xiangkang Yin (Contact Author)

Deakin University ( email )

Melbourne, Victoria
Australia

Financial Research Network (FIRN)

C/- University of Queensland Business School
St Lucia, 4071 Brisbane
Queensland
Australia

HOME PAGE: http://www.firn.org.au

Ng Yew-Kwang

affiliation not provided to SSRN

No Address Available

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