Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/48458 
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dc.contributor.authorSchulz, Norberten
dc.date.accessioned2011-07-18T14:59:42Z-
dc.date.available2011-07-18T14:59:42Z-
dc.date.issued1999-
dc.identifier.urihttp://hdl.handle.net/10419/48458-
dc.description.abstractIn this paper three issues are pursued. First, a model of capacity constrained price competition is suggested. The basic feature of this model is that a pure strategy equilibrium exists for all price subgames. Second, this permits Cournot outcomes in heterogeneous markets to be interpreted as the unique subgame perfect equilibrium of a two stage game where firms simultaneously set capacities first and then prices. Third, the capacity constrained price competition game can be used to extend the entry deterrence models of the Dixit-Stackelberg type in order to analyze the effect of heterogeneity and development of demand. The results support the view that entry deterrence should be a rare event for growing dynamic markets with ample opportunities of product differentiation.en
dc.language.isoengen
dc.publisher|aUniversity of Würzburg, Department of Economics |cWürzburgen
dc.relation.ispartofseries|aW.E.P. - Würzburg Economic Papers |x7en
dc.subject.ddc330en
dc.subject.stwPreiswettbewerben
dc.subject.stwProduktionskapazitäten
dc.subject.stwDuopolen
dc.subject.stwMarkteintritten
dc.subject.stwTheorieen
dc.titleCapacity constrained price competition and entry deterrence in heterogeneous product markets-
dc.typeWorking Paperen
dc.identifier.ppn821261568en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:wuewep:7en

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