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| Nicolas Gruyer |
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| ''A note on quantity precommitment, cournot outcome and asymmetric capacity costs'' |
| ( 2009, Vol. 29 No.1 ) |
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| This paper extends Kreps and Scheinkman's 1983 result, which shows that a production capacity choice stage followed by price competition yields the same outcome as a Cournot game, to a setting where capacity costs are asymmetric. |
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| Keywords: Asymmetric costs |
JEL: L1 - Market Structure, Firm Strategy, and Market Performance: General
D4 - Market Structure and Pricing: General |
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| Manuscript Received : Dec 22 2008 | | Manuscript Accepted : Mar 23 2009 |
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