Comparative statics, strategic complements and substitutes in oligopolies
Publication
, Journal Article
Bernstein, F; Federgruen, A
Published in: Journal of Mathematical Economics
September 1, 2004
Many fundamental questions in oligopoly models reduce to the analysis of the monotonicity properties of various performance measures under the model's Nash equilibrium, with respect to specific exogenously specified parameters. These strategic parameters may have an impact on the demand functions of the various competitors, their cost structures or both.In this paper, we establish first- and second-order monotonicity properties of the equilibrium prices, quantities and profits for oligopoly models with general non-linear cost functions and general dependencies of the cost and demand functions on the strategic input parameters under consideration. © 2003 Elsevier B.V. All rights reserved.
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Published In
Journal of Mathematical Economics
DOI
ISSN
0304-4068
Publication Date
September 1, 2004
Volume
40
Issue
6
Start / End Page
713 / 746
Related Subject Headings
- Economic Theory
- 3803 Economic theory
- 3802 Econometrics
- 3801 Applied economics
- 14 Economics
Citation
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Bernstein, F., & Federgruen, A. (2004). Comparative statics, strategic complements and substitutes in oligopolies. Journal of Mathematical Economics, 40(6), 713–746. https://doi.org/10.1016/S0304-4068(03)00086-7
Bernstein, F., and A. Federgruen. “Comparative statics, strategic complements and substitutes in oligopolies.” Journal of Mathematical Economics 40, no. 6 (September 1, 2004): 713–46. https://doi.org/10.1016/S0304-4068(03)00086-7.
Bernstein F, Federgruen A. Comparative statics, strategic complements and substitutes in oligopolies. Journal of Mathematical Economics. 2004 Sep 1;40(6):713–46.
Bernstein, F., and A. Federgruen. “Comparative statics, strategic complements and substitutes in oligopolies.” Journal of Mathematical Economics, vol. 40, no. 6, Sept. 2004, pp. 713–46. Scopus, doi:10.1016/S0304-4068(03)00086-7.
Bernstein F, Federgruen A. Comparative statics, strategic complements and substitutes in oligopolies. Journal of Mathematical Economics. 2004 Sep 1;40(6):713–746.
Published In
Journal of Mathematical Economics
DOI
ISSN
0304-4068
Publication Date
September 1, 2004
Volume
40
Issue
6
Start / End Page
713 / 746
Related Subject Headings
- Economic Theory
- 3803 Economic theory
- 3802 Econometrics
- 3801 Applied economics
- 14 Economics