Bertrand competition with intermediation
Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
Original language | English |
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Pages (from-to) | 112-114 |
Journal / Publication | Economics Letters |
Volume | 116 |
Issue number | 1 |
Publication status | Published - Jul 2012 |
Link(s)
Abstract
We consider a duopolistic Bertrand competition setting in which competing firms can turn into intermediaries. The intermediation option allows firms to take advantage of the rival firm's low price. We then give conditions for the existence of equilibrium. © 2012 Elsevier B.V.
Research Area(s)
- Bertrand competition, Intermediation, Pure strategy
Citation Format(s)
Bertrand competition with intermediation. / Liang, Xiaoying; Xie, Lei; Yan, Houmin.
In: Economics Letters, Vol. 116, No. 1, 07.2012, p. 112-114.Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review