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Competition for Market Share or for Market Size

Oligopolistic Equilibria With Varying Competitive Toughness

Bibliographic Data

ID19038523
AuthorsClaude D’aspremont, Claude D'Aspremont, Rodolphe Dos Santos Ferreira (0000-0001-6966-281X), Louis‐andré Gérard‐varet (corresponding author)
Year2007
Volume48
Issue3
Pages761-784
Publication date2007-07-17
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Economic Review (JOURNAL)
Journal identifiersISSN: 0020-6598 • E-ISSN: 1468-2354
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1468-2354.2007.00444.x
OpenAlexW2031747836
LanguageEN
Citations received4
References cited23

For an industry producing a composite commodity, we propose a comprehensive concept of oligopolistic equilibrium, allowing for a parameterized continuum of regimes varying in competitive toughness. Each firm sets simultaneously its price and its quantity under two constraints, relative to its market share and to market size. The price and the quantity equilibrium outcomes always belong to the set of oligopolistic equilibria. When firms are identical and we let their number increase, any sequence of symmetric oligopolistic equilibria converges to the monopolistic competition outcome. Further results are derived in the symmetric CES case, concerning in particular the collusive solution enforceability

Bertrand competition · Combinatorics · Cournot competition · Economics · Imperfect competition · Market share · Market structure · Microeconomics · Monopolistic competition · Monopoly · Oligopoly · Parameterized complexity · Perfect competition · Economic theories and models · Global trade and economics · Mathematics · Merger and Competition Analysis

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    Open Access•Duarte Brito, Margarida Catalão-Lopes•Theory and Decision•2023

  • Competition, Market Selection and Growth

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  • Imperfect Competition and the Trade Cycle

    Claude D''Aspremont, Claude D’aspremont et al.•History of Political Economy•2011

  • Advanced industrial economics

    Stephen Martin•Advanced industrial economics•2002

  • Competition and Innovation

    Philippe Aghion, Nick Bloom et al.•The Quarterly Journal of Economics•2005

  • Price Theory and Business Behaviour

    R L Hall, Reeves Hall et al.•Oxford Economic Papers•1939

  • The Theory of Monopolistic Competition

    Morris A Copeland•Journal of Political Economy•1934

  • Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity

    Julio J Rotemberg, Michael Woodford•Journal of Political Economy•1992

Unique citing works4
Citations per year0,25
Citation span2010 - 2023 (14)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 4

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