Convexity of Bertrand oligopoly TU-games with differentiated products

作者: Aymeric Lardon

DOI: 10.1007/S10479-019-03351-7

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摘要: We consider Bertrand oligopoly TU-games with differentiated products. assume that the demand system is Shubik’s and firms operate at a constant identical marginal average cost. Our main results state in \(\alpha \), \(\beta \) \(\gamma \)-characteristic function form satisfy convexity property, meaning there exist strong incentives for large-scale cooperation between on prices.

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