Bertrand equilibria with entry: Limit results

International Journal of Industrial Organization

Volumn 21, Issue 6, 2003, Pages 795-808

  Novshek, William ^a   Chowdhury, Prabal Roy ^b  

^a PURDUE UNIVERSITY   (United States)

^b JAWAHARLAL NEHRU UNIVERSITY   (India)

Author keywords

Bertrand oligopoly; Folk theorem; Free entry; Perfect competition

Indexed keywords

EID: 84867968096     PISSN: 01677187     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0167-7187(02)00123-6     Document Type: Article

References (22)

1. B. Allen, and M. Hellwig Bertrand-Edgeworth oligopoly in large markets Review of Economic Studies 53 1986 175 204
2. J. Bulow, J. Geanakoplos, and P. Klemperer Multimarket oligopoly: strategic substitutes and complements Journal of Political Economy 93 1985 488 511
3. E.H. Chamberlin The Theory of Monopolistic Competition 1933 Harvard University Press
4. A. Cournot The Mathematical Principles of the Theory of Wealth 1963 Richard D. Irwin Homewood, Illinois
5. P. Dasgupta, and E. Maskin The existence of equilibrium in discontinuous economic games. I. Theory Review of Economic Studies 53 1986 1 26
6. P. Dasgupta, and E. Maskin The existence of equilibrium in discontinuous economic games. II. Applications Review of Economic Studies 53 1986 27 41
7. K.G. Dastidar On the existence of pure strategy Bertrand equilibrium Economic Theory 5 1995 19 32
8. H. Dixon Approximate Bertrand equilibrium in a replicated industry Review of Economic Studies 54 1987 47 62
9. H. Dixon Bertrand-Edgeworth equilibria when firms avoid turning customers away Journal of Industrial Economics 34 1990 131 146
10. F. Edgeworth The mathematical economics of Professor Amaroso Economic Journal 32 1922 400 407
11. J.J. Gabszewicz, and J.P. Vial Oligopoly 'a la Cournot' in general equilibrium analysis Journal of Economic Theory 4 1972 381 400
12. E. Maskin The existence of equilibrium with price-setting firms American Economic Review 76 1986 382 386
13. W. Novshek Cournot equilibrium with free entry Review of Economic Studies 67 1980 473 486
14. K. Okuguchi Quasi-competitiveness and Cournot oligopoly Review of Economic Studies 40 1973 145 148
15. P. Ray Chaudhuri The contestable outcome as a Bertrand equilibrium Economics Letters 50 1996 237 242
16. R.J. Ruffin Cournot oligopoly and competitive behavior Review of Economic Studies 38 1971 493 502
17. D. Spulber Regulation and Markets 1989 The MIT Press Cambridge, MA
18. H. Taha Operations Research 1982 Collier Macmillan
19. Y. Ushio Approximate efficiency of Cournot equilibrium in large markets Review of Economic Studies 52 1985 547 556
20. X. Vives Rationing and Bertrand-Edgeworth equilibria in large markets Economics Letters 27 1986 113 116
21. X. Vives Nash equilibria with strategic complementarities Journal of Mathematical Economics 19 1990 305 321
22. X. Vives Oligopoly Pricing: old Ideas and New Tools 1999 The MIT Press