First, R&D investment level is greater under Bertrand competition than under Cournot competition. Second, from the standpoint of the upstream firm and industry, Bertrand competition is more efficient than Cournot competition. Third, from the standpoint of the downstream firms, Bertrand competition is ...
cournot cournot vs bertrand Price and quantity competition in a differentiated duopoly. Rand Journal of Economiscs, Vol. 15, No.4, 1984. Written by Nirvikar Singh and Xavier Vives.在这⼀篇⽂章中，两位作者从替代品、不相关商品以及互补品三个不同⾓度分析了cournot竞争（产量）和bertrand竞争（...
Cournot 和 Bertrand 竞争下的质量选择 杨树1,梁樑1,熊立2 1中国科学技术大学管理学院,安徽合肥 (230026) 2上海移动能力评价与发展中心,上海(200134) 摘要:数量竞争(Cournot)和价格竞争(Bertrand)两种不同竞争方式的比较一直受到学 术上的关注。随着产品质量在竞争中的起到越来越重要的作用,对于不同竞争方式下的质...
Cournot和Bertrand竞争下的质量选择 热度: BertrandandCournotcompetitionunderasymmetriccosts: numberofactivefirmsinequilibrium AndrewLedvina ∗ RonnieSircar † FirstdraftOctober2010;currentversion18February2011 Abstract Wecomparethenumberofactivefirms,i.e.thenumberoffirmsproducingapositive ...
Crémer, J.: Duopoly with employee-controlled and profit-maximizing firms: Bertrand vs Cournot competition. J. Comparative Econ. 16, 241-258This paper develops a theory of duopolistic competition between an employee-controlled firm that ... H Cremer,J Cremer - 《Journal of Comparative Economics...
networkexternalities,underrelative-performancebaseddelegation,Bertrandcompetitionyieldslower pricesandprofits,andhigherquantities,consumerssurplusandwelfarethanCournotcompetition.On thecontrary,theserankingsarecompletelyreversedinthepresenceofnegativenetworkexternalities. Italsodiscussestheendogenouschoiceofpriceorquantitycontract...
Firms such as Honda compete in output (Cournot) and produce marketing campaigns with universal appeal, while firms such as Scion compete in price (Bertrand) and produce targeted marketing campaigns. We show that this mixture of Cournot and Bertrand behavior can occur when advertising rotates demand...
In contrary to the conventional belief that Cournot competition arises in equilibrium, we find that price competition constitutes equilibrium. We further argue that the results that Cournot profit is strictly higher than Bertrand in standard oligopoly and that the Bertrand profit is strictly higher than...
BertrandPricing PolicyWe revisit the endogenous choice of price or quantity made by two retailers in a vertical structure with a monopolistic manufacturer under network externalitiesdoi:10.2139/ssrn.3302499Kangsik ChoiSeonyoung LimDongJoon LeeSSRN Electronic Journal...
aThe analysis shows that under both Bertrand and Cournot competitions the incentive to bundle does not necessarily increase with the degree of intra-brand differentiation, while it strictly decreases with the degree of inter-brand differentiation. Moreover, under Bertrand competition bundling always decrea...