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Estudios de Economia, Department of Economics, University of Chile >
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http://hdl.handle.net/10419/66689
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| Title: | | Colusión en un duopolio de Bertrand con rendimientos decrecientes y productos diferenciados  |
| Authors: | | Contreras, Roberto Georgantzis, Nikolaos Ginés, Miguel |
| Issue Date: | | 2008 |
| Citation: | | [Journal:] Estudios de Economía [ISSN:] 0718-5286 [Volume:] 35 [Year:] 2008 [Issue:] 1 [Pages:] 19-31 |
| Abstract (Translated): | | We study cartel stability in a differentiated price-setting duopoly with returns to scale. We show that a cartel may be equally stable in the presence of lower differentiation, provided that the decreasing returns parameter is high. In addition we demonstrate that for a given factor of discount, there are technologies that can have decreasing returns to scale where the cartel always is stable independent of the differentiation degree. |
| Subjects: | | collusion product differentiation decreasing returns to scale |
| JEL: | | C70 D21 D43 |
| Document Type: | | Article |
| Appears in Collections: | | Estudios de Economia, Department of Economics, University of Chile
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