On the properties of linear supply functions in oligopoly

Delbono, Flavio ; Lambertini, Luca (2015) On the properties of linear supply functions in oligopoly. Bologna: Dipartimento di Scienze economiche DSE, p. 8. DOI 10.6092/unibo/amsacta/4290. In: Quaderni - Working Paper DSE (1014). ISSN 2282-6483.
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Abstract

In this note we revisit the result by Menezes and Quiggin (2012), showing that under linear supply function competition, the same Nash equilibrium results when arms choose slopes or intercepts of their supply functions. This is because the first order conditions emerging in the two strategy spaces are not linearly independent.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Delbono, Flavio
Lambertini, Luca
Keywords
supply function, linear independence
Subjects
ISSN
2282-6483
DOI
Deposit date
22 Jun 2015 08:31
Last modified
21 Oct 2015 10:01
URI

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