Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1143436 | Operations Research Letters | 2009 | 4 Pages |
Abstract
We provide sharp lower and upper bounds on the ratio of decentralized to centralized profits when multiproduct firms offering differentiated products engage in price competition. The bounds depend on the demand sensitivity matrix but are independent of marginal costs.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Amr Farahat, Georgia Perakis,