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
Englisch

Erschienen in
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

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