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Xavier Wauthy and Nicolas Boccard |
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''Equilibrium payoffs in a Bertrand-Edgeworth model with product differentiation'' |
( 2005, Vol. 12 No.11 ) |
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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. |
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Keywords: Bertrand-Edgeworth Competition |
JEL: L1 - Market Structure, Firm Strategy, and Market Performance: General
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Manuscript Received : Jun 22 2005 | | Manuscript Accepted : Jun 27 2005 |
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