×

Oligopoly pricing: the role of firm size and number. (English) Zbl 1541.91154


MSC:

91B54 Special types of economic markets (including Cournot, Bertrand)
91B24 Microeconomic theory (price theory and economic markets)
Full Text: DOI

References:

[1] Edgeworth, F.Y.; The Pure Theory of Monopoly; Pap. Relat. Political Econ.: 1925; Volume 1 ,111-142.
[2] Tirole, J.; ; The Theory of Industrial Organization: Cambridge, MA, USA 1988; .
[3] Vives, X.; ; Oligopoly Pricing: Old Ideas and New Tools: Cambridge, MA, USA 1999; .
[4] Beckmann, M.; Edgeworth-Bertrand Duopoly Revisited; Operations Research-Verfahren: Meisenheim, Germany 1965; Volume Volume III ,55-68.
[5] Levitan, R.; Shubik, M.; Price Duopoly and Capacity Constraints; Int. Econ.: 1972; Volume 13 ,111-122. · Zbl 0234.90002
[6] Kreps, D.; Scheinkman, J.; Quantity Precommitment and Bertrand competition yields Cournot outcomes; Bell J. Econ.: 1983; Volume 14 ,326-337.
[7] Osborne, M.J.; Pitchik, C.; Price Competition in a Capacity-Constrained Duopoly; J. Econ. Theory: 1986; Volume 38 ,238-260. · Zbl 0603.90023
[8] Vives, X.; Rationing rules and Bertrand-Edgeworth Equilibria in Large Markets; Econ. Lett.: 1986; Volume 21 ,113-116. · Zbl 1328.91196
[9] Allen, B.; Hellwig, M.; Bertrand-Edgeworth Oligopoly in Large Markets; Rev. Econ. Stud.: 1986; Volume 53 ,175-204. · Zbl 0632.90013
[10] Maskin, E.; Tirole, J.; A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves and Edgeworth Cycles; Econometrica: 1988; Volume 56 ,571599. · Zbl 0664.90023
[11] Deneckere, R.J.; Kovenock, D.; Price Leadership; Rev. Econ. Stud.: 1992; Volume 59 ,143-162. · Zbl 0751.90017
[12] Tasnádi, A.; Existence of pure strategy Nash equilibrium in Bertrand-Edgeworth oligopolies; Econ. Lett.: 1999; Volume 63 ,201-206. · Zbl 0923.90029
[13] Bos, I.; Marini, M.A.; Saulle, R.D.; ; Myopic Oligopoly Pricing: Milano, Italy 2021; .
[14] Edwards, R.A.; Routledge, R.R.; Information, Bertrand-Edgeworth Competition and the Law of One Price; J. Math. Econ.: 2022; Volume 101 ,1-7. · Zbl 1497.91174
[15] Tasnádi, A.; Production in Advance versus Production to Order; J. Econ. Organ.: 2004; Volume 54 ,191-204.
[16] Chen, Z.; Li, G.; Horizontal Mergers in the Presence of Capacity Constraints; Econ. Inq.: 2018; Volume 56 ,1346-1356.
[17] Bos, I.; Vermeulen, D.; On Pure-Strategy Nash Equilibria in Price-Quantity Games; J. Math. Econ.: 2021; Volume 96 ,1-13. · Zbl 1471.91277
[18] Montez, J.; Schutz, N.; All-Pay Oligopolies: Price Competition with Unobservable Inventory Choices; Rev. Econ. Stud.: 2021; Volume 88 ,2407-2438. · Zbl 1505.91232
[19] Myatt, D.P.; Ronayne, D.; ; A Theory of Stable Price Dispersion: Oxford, UK 2019; .
[20] Gabszewicz, J.; Marini, M.A.; Zanaj, S.; Random Encounters and Information Diffusion about Product Quality; J. Econ. Manag.: 2022; ,forthcoming.
[21] Aas, Ø.N.; Wulfsberg, F.; Moen, E.R.; ; Price Dispersion and the Role of Stores: Bruxelles, Belgium 2018; .
[22] Gorodnichenko, Y.; Sheremirov, V.; Talavera, O.; Price Setting in Online Markets: Does IT click?; J. Eur. Econ.: 2018; Volume 16 ,1764-1811.
[23] Eckert, A.; Retail Price Cycles and the Presence of Small Firms; Int. J. Industrial Organ.: 2003; Volume 21 ,151-170.
[24] Noel, M.D.; Edgeworth Price Cycles: Evidence from the Toronto Retail Gasoline Market; J. Ind. Econ.: 2007; Volume 55 ,69-92.
[25] Noel, M.D.; Edgeworth Price Cycles, Cost-based Pricing and Sticky Pricing in Retail Gasoline Markets; Rev. Econ. Stat.: 2007; Volume 89 ,324-334.
[26] Wang, Z.; Collusive Communication and Pricing Coordination in a Retail Gasoline Market; Rev. Ind. Organ.: 2008; Volume 32 ,35-52.
[27] Foros, Ø.; Steen, F.; Vertical Control and Price Cycles in Gasoline Retailing; Scand. J. Econ.: 2013; Volume 115 ,640-661.
[28] Linder, M.; Price Cycles in the German Retail Gasoline Market Competition or Collusion?; Econ. Bull.: 2018; Volume 38 ,593-602.
[29] Hauschultz, F.P.; Munk-Nielsen, A.; ; The Role of Demand in Price Cycles: Evidence from Danish Pharmaceutical Markets: Copenhagen, Denmark 2020; .
[30] Zhang, X.; Feng, J.; Cyclical Bid Adjustments in Search-Engine Advertising; Manag. Sci.: 2011; Volume 57 ,1703-1719. · Zbl 1279.90086
[31] Kruse, J.B.; Rassenti, S.; Reynolds, S.S.; Smith, V.L.; Bertrand-Edgeworth Competition in Experimental Markets; Econometrica: 1994; Volume 62 ,343-372. · Zbl 0800.90114
[32] Fonseca, M.A.; Normann, H.-T.; Excess Capacity and Pricing in Bertrand-Edgeworth Markets: Experimental Evidence; J. Inst. Theor. Econ.: 2013; Volume 169 ,199-228.
This reference list is based on information provided by the publisher or from digital mathematics libraries. Its items are heuristically matched to zbMATH identifiers and may contain data conversion errors. In some cases that data have been complemented/enhanced by data from zbMATH Open. This attempts to reflect the references listed in the original paper as accurately as possible without claiming completeness or a perfect matching.