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Concurrence en prix et équilibres cournotiens

Bibliographic Data

ID10459796
AuthorsClaude D’aspremont, Rodolphe Dos Santos Ferreira (0000-0001-6966-281X), Rodolphe Dos, Louis-André Gérard-Varet, Louis‐andré Gérard‐varet, Claude D'Aspremont
Year1991
Volume42
Issue6
Pages967-967
Publication date1991-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueRevue économique (JOURNAL)
Journal identifiersISSN: 0035-2764 • E-ISSN: 1950-6694
PublisherSciences Po (PUBLISHER • FR)
DOI10.3406/reco.1991.409325
OpenAlexW1977375053
LanguageFR
Citations received3

Contrary to a widespread belief, strategic choices described by the Cournotian model are not confined to quantities. Only, price strategies are constrained by the fact that > for producers of a homogeneous good. This idea is modelled by introducing a pricing scheme P which associates a uniform market price with producers's announced prices. The authors then define a P-equilibrium (in quantities and prices) associated with such a scheme; this equilibrium leads to the same outcome as Cournot equilibrium, as soon as the scheme allows enough control. Business practices that may sustain some of these pricing schemes are also dicussed.\nThe concept of P-equilibrium is then extended to the case of multiple or differentiated products, thus generalizing both Cournot and Chamberlin equilibria. The question of quantity vs. price-strategies is revisited in this context. Finally the authors show, within a spatial model of horizontal product differentiation, that the concept of P-equilibrium answers, for an appropriate choice of the scheme P, the question of existence which threats both price and quantity equilibria, as soon as differentiation is too weak

Concurrence · Humanities · Physics · Political science · Business Strategy and Innovation · Economic theories and models · Economic Theory and Institutions · Economic Theory and Policy · Philosophy

  • Exploiting separability in a multisectoral model of oligopolistic competition

    Open Access•Claude D’aspremont, Rodolphe Dos Santos Ferreira•Mathematical Social Sciences•2020

  • Assouplissement de la législation de protection de l’emploi

    Sophie Lecostey•Revue économique•2021

Unique citing works2
Citations per year0,5
Citation span2020 - 2021 (2)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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