Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/65800 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
Cardiff Economics Working Papers No. E2011/26
Verlag: 
Cardiff University, Cardiff Business School, Cardiff
Zusammenfassung: 
This paper analyses how product differentiation affects the volume of trade under duopoly using Shubik-Levitan demand functions rather than the Bowley demand functions used by Bernhofen (2001). The Shubik-Levitan demand functions have the advantage that an increase in product differentiation does not increase the size of the market as happens with the Bowley demand functions. It is shown that the volume of trade in terms of quantities is decreasing in the degree of product differentiation when the trade cost is relatively low, but increasing in the degree of product differentiation when the trade cost is relatively high.
Schlagwörter: 
Product Differentiation
Cournot Oligopoly
Bertrand Oligopoly
JEL: 
F12
F13
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
456.88 kB





Publikationen in EconStor sind urheberrechtlich geschützt.