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Equilibrium payoffs in a Bertrand-Edgeworth model with product differentiation

Xavier Wauthy and Nicolas Boccard ()

Economics Bulletin, 2005, vol. 12, issue 11, 1-8

Abstract: In this note, we consider a Bertrand-Edgeworth duopoly model in which products are differentiated ”à la Hotelling”. We assumine that only one of the two firms faces a capacity constraint. For this particular case, we characterize the equilibrium payoff of the unconstrained firm for the complete domain of capacity levels.

Keywords: Bertrand-Edgeworth; Competition (search for similar items in EconPapers)
JEL-codes: L1 (search for similar items in EconPapers)
Date: 2005-06-27
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Working Paper: Equilibrium payoffs in a Bertrand-Edgeworth model with product differentiation (2005)
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