On the Dynamic Efficiency of Bertrand and Cournot Equilibria

Journal of Economic Theory

Volumn 75, Issue 1, 1997, Pages 213-229

  Qiu, Larry D ^a  

^a HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Hong Kong)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0000470850     PISSN: 00220531     EISSN: None     Source Type: Journal    
DOI: 10.1006/jeth.1997.2270     Document Type: Article

References (10)

1. Bester H., Petrakis E. The incentives for cost reduction in a differentiated industry. Int. J. Ind. Organ. 11:1993;519-534.
2. Brander J., Spencer B. Strategic commitment with R&D: The symmetric case. Bell J. Econ. 14:1983;225-235.
3. Cheng L. Comparing Bertrand and Cournot equilibria: A geometric approach. Rand J. Econ. 16:1985;146-147.
4. d'Aspremont C., Jacquemin A. Cooperative and noncooperative R&D in duopoly with spillovers. Am. Econ. Rev. 78:1988;1133-1137.
5. Okuno-Fujiwara M., Suzumura K. CARESS working paper. 87-05:1974.
6. L. Qiu, 1995, R&D Incentives and Product Differentiation: Cournot vs Bertrand Competition, The Hong Kong University of Science and Technology.
7. L. Qiu, 1995, R&D Incentives in a Differentiated Duopoly with Spillovers, The Hong Kong University of Science and Technology.
8. Singh N., Vives X. Price and quantity competition in a differentiated duopoly. Rand J. Econ. 15:1984;546-554.
9. Wolfram S. Mathematica: A System for Doing Mathematics by Computer. 1991;Addison-Wesley, Reading.
10. Vives X. On the efficiency of Bertrand and Cournot equilibria with product differentiation. J. Econ. Theory. 36:1985;166-175.