Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061147 | Economics Letters | 2009 | 4 Pages |
Abstract
We examine Bertrand competition with non-rigid capacity constraints, demonstrating that the set of pure strategy Nash equilibrium constitutes an interval. We then examine the properties of this set as (a) the number of firms becomes large and (b) the capacity cost increases.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Prabal Roy Chowdhury,