Arbeitspapier
Conjectural cost variations in a differentiated good oligopoly
In the homogenous good case, the relationship between market structure and efficiency was studied extensively. Assuming a standard quadratic utility with quantity competition, this paper carries on the analysis in a differentiated good context. It can be shown that there is a positive relationship between market heterogeneity and efficiency, too. In contrast to the homogenous good case, consumer surplus as well as producer surplus increases with the dispersion of marginal costs.
- Sprache
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Englisch
- Erschienen in
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Series: W.E.P. - Würzburg Economic Papers ; No. 80
- Klassifikation
-
Wirtschaft
Oligopoly and Other Imperfect Markets
Production, Pricing, and Market Structure; Size Distribution of Firms
- Thema
-
Differentiated goods
Cournot
Asymmetric costs
Cost variation
Welfare
Grenzkosten
Markteffizienz
Marktstruktur
Wohlfahrtseffekt
Duopol
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Jurgan, Jens
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Würzburg, Department of Economics
- (wo)
-
Würzburg
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Jurgan, Jens
- University of Würzburg, Department of Economics
Entstanden
- 2009