Preisanpassung im Oligopol: Wie aussagekräftig ist ein Zahlenbeispiel? / Price Adjustment in Oligopoly: How Powerful is an Example?

Luderer Bernd () and Zeh Antje
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Luderer Bernd: Fakultät für Mathematik der Technischen Universität Chemnitz, D-09107 Chemnitz
Zeh Antje: Fakultät für Mathematik der Technischen Universität Chemnitz, D-09107 Chemnitz

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2003, vol. 223, issue 4, 449-463

Abstract: The well-known oligopoly price problem is considered. Under rather general assumptions concerning the (linear) price-response functions of the competitors various strategies are discussed, among them the classical Cournot-Nash solution, the Launhardt-Hotelling strategy, Stackelberg’s asymmetry solution and the simultaneous choice of dependence prices or of independence prices. Special attention is paid to the maximum line solution, partial cases of which are the monopoly points and the maximum of total profit. Some results from the paper Helmedag (1991) are made more precise and exact conditions for the validity of assertions made in the present paper are given.

Keywords: Oligopoly; price adjustment; Nash equilibrium; Stackelberg solution; maximum line; demand function; Oligopol; Preisanpassung; Nash-Gleichgewicht; Stackelberg-Lösung; Maximallinie; Preis-Nachfrage- Funktion; Oligopoly; price adjustment; Nash equilibrium; Stackelberg solution; maximum line; demand function (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:223:y:2003:i:4:p:449-463

DOI: 10.1515/jbnst-2003-0405

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