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An Asymmetric Oligopolist can Improve Welfare by Raising Price

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  • Ming Chang

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  • Ming Chang, 2010. "An Asymmetric Oligopolist can Improve Welfare by Raising Price," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 36(1), pages 75-96, February.
    • Handle: RePEc:kap:revind:v:36:y:2010:i:1:p:75-96
    DOI: 10.1007/s11151-009-9219-y
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    2. repec:bla:jindec:v:49:y:2001:i:2:p:113-35 is not listed on IDEAS
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    7. Takayama,Akira, 1985. "Mathematical Economics," Cambridge Books, Cambridge University Press, number 9780521314985, November.
    8. Okuguchi, Koji, 1987. "Equilibrium prices in the Bertrand and Cournot oligopolies," Journal of Economic Theory, Elsevier, vol. 42(1), pages 128-139, June.
    9. Piercarlo Zanchettin, 2006. "Differentiated Duopoly with Asymmetric Costs," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(4), pages 999-1015, December.
    10. Amir, Rabah & Jin, Jim Y., 2001. "Cournot and Bertrand equilibria compared: substitutability, complementarity and concavity," International Journal of Industrial Organization, Elsevier, vol. 19(3-4), pages 303-317, March.
    11. Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
    12. Goldberg, Pinelopi Koujianou, 1995. "Product Differentiation and Oligopoly in International Markets: The Case of the U.S. Automobile Industry," Econometrica, Econometric Society, vol. 63(4), pages 891-951, July.
    13. Simon P. Anderson & André de Palma, 2001. "Product Diversity in Asymmetric Oligopoly: Is the Quality of Consumer Goods too Low?," Journal of Industrial Economics, Wiley Blackwell, vol. 49(2), pages 113-135, June.
    14. John Vickers, 1995. "Competition and Regulation in Vertically Related Markets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 62(1), pages 1-17.
    15. Tran Huu Dung, 1993. "Optimal Taxation and Heterogeneous Oligopoly," Canadian Journal of Economics, Canadian Economics Association, vol. 26(4), pages 933-947, November.
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    18. Susan M. V. Flaherty & Paul R. Zimmerman, 2005. "Does Allowing the Bells to Offer InterLATA Long-Distance Service Affect Entry into Local Telephony?," Southern Economic Journal, John Wiley & Sons, vol. 72(1), pages 197-212, July.
    19. Nirvikar Singh & Xavier Vives, 1984. "Price and Quantity Competition in a Differentiated Duopoly," RAND Journal of Economics, The RAND Corporation, vol. 15(4), pages 546-554, Winter.
    20. X. Wang & Jingang Zhao, 2009. "On the efficiency of indirect taxes in differentiated oligopolies with asymmetric costs," Journal of Economics, Springer, vol. 96(3), pages 223-239, April.
    21. Gasmi, F & Laffont, J J & Vuong, Q, 1992. "Econometric Analysis of Collusive Behavior in a Soft-Drink Market," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 1(2), pages 277-311, Summer.
    22. Berry, Steven & Levinsohn, James & Pakes, Ariel, 1995. "Automobile Prices in Market Equilibrium," Econometrica, Econometric Society, vol. 63(4), pages 841-890, July.
    23. Yoshiaki Ushio, 2000. "Welfare Effects of Commodity Taxation in Cournot Oligopoly," The Japanese Economic Review, Japanese Economic Association, vol. 51(2), pages 268-273, June.
    24. Hackner, Jonas, 2000. "A Note on Price and Quantity Competition in Differentiated Oligopolies," Journal of Economic Theory, Elsevier, vol. 93(2), pages 233-239, August.
    25. Ming Chung Chang & Hsiao‐Ping Peng, 2009. "Structure Regulation, Price Structure, Cross‐Subsidization And Marginal Cost Of Public Funds," Manchester School, University of Manchester, vol. 77(6), pages 675-698, December.
    26. Judy Hsu & X. Wang, 2005. "On Welfare under Cournot and Bertrand Competition in Differentiated Oligopolies," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 27(2), pages 185-191, September.
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    Cited by:

    1. Ming Chang & Yan-Ching Ho, 2014. "Comparing Cournot and Bertrand equilibria in an asymmetric duopoly with product R&D," Journal of Economics, Springer, vol. 113(2), pages 133-174, October.
    2. Chang, Ming Chung & Lin, Yun-Chieh & Lin, Chiu Fen, 2012. "Comparing Cournot Duopoly And Monopoly With Asymmetric Differentiated Goods," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 53(2), pages 177-200, December.

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    More about this item

    Keywords

    Asymmetric oligopoly; Diversity value; Horizontal product differentiation; Output structure; Vertical product differentiation; L10; L13;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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