Multiproduct Cournot Oligopoly.

We present a general Cournot model in which each firm may sell multiple quality-differentiated products. We use an upgrades approach, working not with the actual products, but instead with upgrades from one quality to the next. The properties of single-product Cournot models carry over to the supply...

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Bibliographic Details
Main Authors: Johnson, J, Myatt, D
Format: Working paper
Language:English
Published: Department of Economics (University of Oxford) 2005