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Quick responses in duopoly ensure monopoly pricing

Bhaskar, V.; (1989) Quick responses in duopoly ensure monopoly pricing. Economics Letters , 29 (2) pp. 103-107. 10.1016/0165-1765(89)90257-7.

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Abstract

If firms in a homogeneous duopoly game can respond with negligible delay to their rival's price changes, equilibrium is unique at the monopoly price.

Type: Article
Title: Quick responses in duopoly ensure monopoly pricing
DOI: 10.1016/0165-1765(89)90257-7
Publisher version: http://dx.doi.org/10.1016/0165-1765(89)90257-7
Language: English
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of SandHS > Dept of Economics
URI: http://discovery.ucl.ac.uk/id/eprint/15498
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