Concurrence et monopole naturel: une approche par la théorie des jeux

David Encaoua () and Michel Moreaux

Annals of Economics and Statistics, 1987, issue 8, 89-116

Abstract: This paper is an attempt to give a precise content to the notion of potential competition in a natural monopoly market. Competition is described as a two stage game in which a set of firms announce first a price, then a level of output. Contingent demands for each firm are obtained from a general class of rationing schemes. A complete characterization of the two types of equilibria of this game is given.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1987:i:8:p:89-116

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