Kreps & Scheinkman with Product Differentiation
Kreps & Scheinkman with Product Differentiation
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Publisher
Beijing: Higher Education Press
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Language
English
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Publisher
Beijing: Higher Education Press
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Scope and Contents
Contents
Kreps and Scheinkman (1983)’s celebrated result is that in a two-stage model of a market with homogeneous products in which firms noncooperatively pick capacities in the first stage and set prices in the second stage, the equilibrium outcome is that of a one-shot Cournot game. This note derives capacity best response functions for the first stage a...
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Full title
Kreps & Scheinkman with Product Differentiation
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TN_cdi_proquest_journals_2278746838
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2278746838
Other Identifiers
ISSN
1673-3444
E-ISSN
1673-3568
DOI
10.3868/s060-008-019-0011-4
