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- W1621344441 abstract "We study the relation between a Cournot equilibrium and a Bertrand equilibrium in an emph{asymmetric} duopoly with differentiated goods in which each firm maximizes its relative profit that is the difference between its profit and the profit of the rival firm. Both demand and cost functions are linear but asymmetric, that is, demand functions for the goods are asymmetric and the firms have different marginal cots. We will show that a Cournot equilibrium and a Bertrand equilibrium coincide even in an asymmetric duopoly." @default.
- W1621344441 created "2016-06-24" @default.
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- W1621344441 date "2014-05-11" @default.
- W1621344441 modified "2023-09-23" @default.
- W1621344441 title "Relative profit maximization and equivalence of Cournot and Bertrand equilibria in an asymmetric differentiated duopoly" @default.
- W1621344441 hasPublicationYear "2014" @default.
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