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AA00260492-19910001-0043  
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Title
Title ENTRY IN BERTRAND AND COURNOT OLIGOPOLIES WITH PRODUCT DIFFERENTIATION  
Kana  
Romanization  
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Title  
Kana  
Romanization  
Creator
Name OKUGUCHI, Koji  
Kana オクグチ, コウジ  
Romanization  
Affiliation Tokyo Metropolitan University  
Affiliation (Translated)  
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Name SZIDAROVSZKY, Ferenc  
Kana  
Romanization  
Affiliation Budapest University of Economics  
Affiliation (Translated)  
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Edition
 
Place
Tokyo  
Publisher
Name Keio Economic Society, Keio University  
Kana  
Romanization  
Date
Issued (from:yyyy) 1991  
Issued (to:yyyy)  
Created (yyyy-mm-dd)  
Updated (yyyy-mm-dd)  
Captured (yyyy-mm-dd)  
Physical description
 
Source Title
Name Keio economic studies  
Name (Translated)  
Volume 28  
Issue 1  
Year 1991  
Month  
Start page 43  
End page 49  
ISSN
00229709  
ISBN
 
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Abstract
The effects of entry in Bertrand and Cournot oligopolies with product differentiation and single product firms are analyzed, assuming that firms producing differentiated goods are uniformly increased similarly as consumers in a replicated economy. It is found that under general conditions, the limit points of the equilibrium Bertrand prices do not coincide with the perfect competitive equilibrium. We prove that the limit points always exceed the marginal costs. Two cases are considered for Cournot oligopoly, in one of which firms producing the same goods collude, and in the other collusion is ruled out. Under some simplifying assumptions, the limit points of the equilibrium Cournot prices always exceed the competitive prices in the former case, but in the latter one the equilibrium Cournot prices converge to the competitive prices.
 
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英語  
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Dec 18, 2009 09:00:00  
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Dec 18, 2009 09:00:00  
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/ Public / Faculty of Economics / Keio economic studies / 28(1) 1991
 
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