Title of article :
On price competition with complementary goods
Author/Authors :
Jean Gabszewicz، نويسنده , , Nathalie Sonnac، نويسنده , , Xavier Wauthy، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2001
Pages :
7
From page :
431
To page :
437
Abstract :
We consider a duopoly industry with two separate firms each selling an indivisible product. The joint consumption of these goods has a specific value for the consumers which exceeds the mere addition of utilities when products are consumed in isolation: the higher this excess, the larger the complementarity between the goods. We analyse price equilibria in this market as related to the degree of complementarity existing between the two products.
Keywords :
Price competition , quality , Complements
Journal title :
Economics Letters
Serial Year :
2001
Journal title :
Economics Letters
Record number :
434781
Link To Document :
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