Analysis of gray markets in differentiated duopoly
نویسندگان
چکیده
منابع مشابه
Technology licensing in a vertically differentiated duopoly
In this paper, we develop a vertically differentiated duopoly model where a high-quality producer competes against a low-quality producer, a la Cournot competition. The high-quality firm has both a new technology and an obsolescent technology. After first deciding whether to license, the firm then chooses which of the two technologies to license. We show that, irrespective of the licensing cont...
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اندیشمندان و صاحب نظران علوم اجتماعی بر این باورند که مرحله تازه ای در تاریخ جوامع بشری اغاز شده است. ویژگیهای این جامعه نو را می توان پدیده هایی از جمله اقتصاد اطلاعاتی جهانی ، هندسه متغیر شبکه ای، فرهنگ مجاز واقعی ، توسعه حیرت انگیز فناوری های دیجیتال، خدمات پیوسته و نیز فشردگی زمان و مکان برشمرد. از سوی دیگر قدرت به عنوان موضوع اصلی علم سیاست جایگاه مهمی در روابط انسانی دارد، قدرت و بازتولید...
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The existence of a pure-strategy subgame-perfect equilibrium in qualities and prices is investigated in a duopoly model of vertical differentiation where quality improvements require a quadratic variable cost and network externalities operate. We show that there exists a parameter region where the incentive to predate at the quality stage prevents firms from reaching a pure-strategy non-coopera...
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• Two classical models in the theory of oligopoly are those of Coumot (1838) and Bertrand (1883). In both models the equilibrium concept is the noncooperative equilibrium of Nash (1950). In the former firms set quantities. In the latter prices are the strategy variables. In a duopoly situation where firms produce a homogeneous good and marginal costs are constant and equal for both firms, the B...
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We examine price competition under product-specific network effects, in a duopoly where the products are differentiated horizontally and vertically. When consumers’ expectations are not affected by prices, firms may share the market equally, or one firm (possibly even the low-quality one) may capture the entire market. When product qualities are different, we may also have interior asymmetric e...
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ژورنال
عنوان ژورنال: International Journal of Production Research
سال: 2016
ISSN: 0020-7543,1366-588X
DOI: 10.1080/00207543.2016.1170906