Title of article
Economic welfare in delivered pricing duopoly: Bertrand and Cournot
Author/Authors
Toshihiro Matsumura، نويسنده , , Daisuke Shimizu، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2005
Pages
8
From page
112
To page
119
Abstract
We investigate two delivered pricing models. We find that in the Bertrand (Cournot) model the equilibrium distance between two firmsʹ locations is too large (small) for maximum social welfare, while it is too small for maximum consumer surplus in both models
Keywords
spatial competition , Discriminatory pricing , Production substitution
Journal title
Economics Letters
Serial Year
2005
Journal title
Economics Letters
Record number
435777
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