Profit loss in differentiated oligopolies

被引:18
作者
Farahat, Amr [1 ]
Perakis, Georgia [2 ]
机构
[1] Cornell Univ, Johnson Grad Sch Management, Ithaca, NY 14853 USA
[2] MIT, Alfred P Sloan Sch Management, Cambridge, MA 02139 USA
基金
美国国家科学基金会;
关键词
Bertrand competition; Price of anarchy; SUPPLY CHAIN; COMPETITION; PRICE; ALLOCATION; EFFICIENCY;
D O I
10.1016/j.orl.2008.08.004
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
We provide sharp lower and upper bounds on the ratio of decentralized to centralized profits when multiproduct firms offering differentiated products engage in price competition. The bounds depend oil the demand sensitivity matrix but are independent of marginal costs. (C) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:43 / 46
页数:4
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