Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062178 | Economics Letters | 2008 | 4 Pages |
Abstract
This paper revisits the theory of oligopoly pricing and shows that for a large class of demand and cost functions, a mixed strategy equilibrium necessarily implies that each firm's equilibrium strategy is a discrete distribution over a finite number of prices.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Maxim Sinitsyn,