haku: @author Georgantzis, N. / yhteensä: 1
viite: 1 / 1
« edellinen | seuraava »
| Tekijä: | Garcia-Gallego, A. Georgantzis, N. |
| Otsikko: | Multiproduct activity in an experimental differentiated oligopoly |
| Lehti: | International Journal of Industrial Organization
2001 : MAR, VOL. 19:3-4, p. 493-518 |
| Asiasana: | MULTIPRODUCT COMPANIES EQUILIBRIUM THEORY PRODUCT DIFFERENTIATION PRICES PRICE THEORY |
| Kieli: | eng |
| Tiivistelmä: | In a symmetric differentiated experimental oligopoly with multiproduct firms we test the predictive power of the corresponding Bertrand-Nash equilibria. Subjects are not informed on the specification of the underlying demand model. In the presence of intense multiproduct activity, and provided that a parallel pricing rule is imposed to multiproduct firms, strategies tend to confirm the non- cooperative multiproduct solution. The authors have used the laboratory to test the predictive power of the one-shot non-cooperative equilibrium in a symmetric differentiated oligopoly with Multiproduct firms. The authors find that prices higher than Single-product Bertrand-Nash Equilibrium (SBNE) prices may be difficult to reach in a tacit way. |
« edellinen | seuraava »
SCIMA