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Author:Schmanske, S.
Title:Two-part pricing in differentiated duopoly
Journal:Journal of Institutional and Theoretical Economics
1991 : SEPT, VOL. 147:3, p.441-458
Index terms:OPERATIONAL RESEARCH
GAME THEORY
Language:eng
Abstract:The author develops a model of two-part pricing by non-cooperative, price-setting duopolists selling a price- taking consumer with a general utility function. For varying marginal cost, a discontinuity in each firm's residual demand curve becomes important , changing the equilibrium, destroying the validity of the usual monopolistic formula.
SCIMA record nr: 99245
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