On the properties of linear supply functions in oligopoly

Flavio Delbono and Luca Lambertini ()

Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna

Abstract: In this note we revisit the result by Menezes and Quiggin (2012), showing that under linear supply function competition, the same Nash equilibrium results when firms choose slopes or intercepts of their supply functions. This is because the first order conditions emerging in the two strategy spaces are not linearly independent.

JEL-codes: D43 L13 (search for similar items in EconPapers)
Date: 2015-06
New Economics Papers: this item is included in nep-com and nep-mic
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Citations: View citations in EconPapers (11)

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Journal Article: On the properties of linear supply functions in oligopoly (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:wp1014

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