Tasnádi, Attila (2022) Mixed-strategy equilibrium of the symmetric production in advance game: the missing case. Working Paper. Corvinus University of Budapest, Budapest.
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Abstract
The mixed-strategy equilibrium of the symmetric production-in-advance type capacity-constrained Bertrand-Edgeworth duopoly game has not been derived analytically over the entire range of intermediate capacities in the literature. Tasnádi (2020) constructed a symmetric mixed-strategy equilibrium for the production-in-advance game for a large range of intermediate capacities. In this paper we derive for the missing region a symmetric mixed-strategy equilibrium analytically.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Series Name: | Corvinus Economics Working Papers - CEWP |
| Series Number / Identification Number: | 2022/06 |
| Uncontrolled Keywords: | Price-quantity games; Bertrand-Edgeworth competition; inventories |
| JEL classification: | D43 - Market Structure and Pricing: Oligopoly and Other Forms of Market Imperfection L13 - Oligopoly and Other Imperfect Markets |
| Divisions: | Institute of Data Analytics and Information Systems |
| Subjects: | Mathematics, Econometrics |
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| ID Code: | 7787 |
| Deposited By: | Ádám Hoffmann |
| Deposited On: | 12 Dec 2022 14:46 |
| Last Modified: | 12 Dec 2022 14:46 |
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