Bertrand competition and Cournot outcomes: a correction
We received independent comments from Dan Kovenock and Luis Ubeda regarding proofs of Lemma 1 and Theorem 1 in Boccard and Wauthy [Econ. Lett. 68 (2002) 279] (hereafter BW). Claim 4 is indeed poorly stated and proved while in the proof of Theorem 1 payoffs for the price subgame are incorrectly deriv...
Gespeichert in:
Veröffentlicht in: | Economics letters 2004-08, Vol.84 (2), p.163-166 |
---|---|
Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
container_end_page | 166 |
---|---|
container_issue | 2 |
container_start_page | 163 |
container_title | Economics letters |
container_volume | 84 |
creator | Boccard, Nicolas Wauthy, Xavier |
description | We received independent comments from Dan Kovenock and Luis Ubeda regarding proofs of Lemma 1 and Theorem 1 in Boccard and Wauthy [Econ. Lett. 68 (2002) 279] (hereafter BW). Claim 4 is indeed poorly stated and proved while in the proof of Theorem 1 payoffs for the price subgame are incorrectly derived. We apologize for these shortcomings. Fortunately the spirit of the proof is not altered. By slightly weakening the scope of the analysis for capacity choice from
mixed strategies into
pure ones, we are able to shorten the proof that is presented hereafter. |
doi_str_mv | 10.1016/j.econlet.2003.11.020 |
format | Article |
fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_miscellaneous_37910123</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><els_id>S0165176504000667</els_id><sourcerecordid>37910123</sourcerecordid><originalsourceid>FETCH-LOGICAL-c467t-37ae93f7d2985e2d9600e8536a4f058d29f5a7cae03832d2d1c69569c23edeb43</originalsourceid><addsrcrecordid>eNqFkEtLxDAUhYMoOI7-BKErd615NEnrRnTwyYAbXYeY3mKGmaYmmYH5994y4tbATW5yzzmEj5BLRitGmbpeVeDCsIZccUpFxVhFOT0iM9ZoUWqh62MyQ50smVbylJyltKKU8VbLGdH3EHO0Q1e4sBkh--zDUEz3RdjGIeQibDOOIN0UFjUxgpsk5-Skt-sEF7_nnHw8Prwvnsvl29PL4m5ZulrpXAptoRW97njbSOBdqyiFRgpl657KBp97abWzQEUjeMc75lQrVeu4gA4-azEnV4fcMYbvLaRsNj45WK_tAGGbjNAtMuAChfIgdDGkFKE3Y_QbG_eGUTNhMivzi8lMmAxjBjGh7_XgizCC-zMBLhcm8c4I29S47bHQObV-arFGLKYwSynzlTcYdnsIA0Sy8xBNch4GB52fuJku-H--8wOiXoxJ</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>37910123</pqid></control><display><type>article</type><title>Bertrand competition and Cournot outcomes: a correction</title><source>RePEc</source><source>ScienceDirect Journals (5 years ago - present)</source><creator>Boccard, Nicolas ; Wauthy, Xavier</creator><creatorcontrib>Boccard, Nicolas ; Wauthy, Xavier</creatorcontrib><description>We received independent comments from Dan Kovenock and Luis Ubeda regarding proofs of Lemma 1 and Theorem 1 in Boccard and Wauthy [Econ. Lett. 68 (2002) 279] (hereafter BW). Claim 4 is indeed poorly stated and proved while in the proof of Theorem 1 payoffs for the price subgame are incorrectly derived. We apologize for these shortcomings. Fortunately the spirit of the proof is not altered. By slightly weakening the scope of the analysis for capacity choice from
mixed strategies into
pure ones, we are able to shorten the proof that is presented hereafter.</description><identifier>ISSN: 0165-1765</identifier><identifier>EISSN: 1873-7374</identifier><identifier>DOI: 10.1016/j.econlet.2003.11.020</identifier><language>eng</language><publisher>Elsevier B.V</publisher><subject>Capacity commitment ; Competition ; Oligopoly ; Price competition</subject><ispartof>Economics letters, 2004-08, Vol.84 (2), p.163-166</ispartof><rights>2004 Elsevier B.V.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c467t-37ae93f7d2985e2d9600e8536a4f058d29f5a7cae03832d2d1c69569c23edeb43</citedby><cites>FETCH-LOGICAL-c467t-37ae93f7d2985e2d9600e8536a4f058d29f5a7cae03832d2d1c69569c23edeb43</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://dx.doi.org/10.1016/j.econlet.2003.11.020$$EHTML$$P50$$Gelsevier$$H</linktohtml><link.rule.ids>314,780,784,3549,4007,27923,27924,45994</link.rule.ids><backlink>$$Uhttp://econpapers.repec.org/article/eeeecolet/v_3a84_3ay_3a2004_3ai_3a2_3ap_3a163-166.htm$$DView record in RePEc$$Hfree_for_read</backlink></links><search><creatorcontrib>Boccard, Nicolas</creatorcontrib><creatorcontrib>Wauthy, Xavier</creatorcontrib><title>Bertrand competition and Cournot outcomes: a correction</title><title>Economics letters</title><description>We received independent comments from Dan Kovenock and Luis Ubeda regarding proofs of Lemma 1 and Theorem 1 in Boccard and Wauthy [Econ. Lett. 68 (2002) 279] (hereafter BW). Claim 4 is indeed poorly stated and proved while in the proof of Theorem 1 payoffs for the price subgame are incorrectly derived. We apologize for these shortcomings. Fortunately the spirit of the proof is not altered. By slightly weakening the scope of the analysis for capacity choice from
mixed strategies into
pure ones, we are able to shorten the proof that is presented hereafter.</description><subject>Capacity commitment</subject><subject>Competition</subject><subject>Oligopoly</subject><subject>Price competition</subject><issn>0165-1765</issn><issn>1873-7374</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2004</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><recordid>eNqFkEtLxDAUhYMoOI7-BKErd615NEnrRnTwyYAbXYeY3mKGmaYmmYH5994y4tbATW5yzzmEj5BLRitGmbpeVeDCsIZccUpFxVhFOT0iM9ZoUWqh62MyQ50smVbylJyltKKU8VbLGdH3EHO0Q1e4sBkh--zDUEz3RdjGIeQibDOOIN0UFjUxgpsk5-Skt-sEF7_nnHw8Prwvnsvl29PL4m5ZulrpXAptoRW97njbSOBdqyiFRgpl657KBp97abWzQEUjeMc75lQrVeu4gA4-azEnV4fcMYbvLaRsNj45WK_tAGGbjNAtMuAChfIgdDGkFKE3Y_QbG_eGUTNhMivzi8lMmAxjBjGh7_XgizCC-zMBLhcm8c4I29S47bHQObV-arFGLKYwSynzlTcYdnsIA0Sy8xBNch4GB52fuJku-H--8wOiXoxJ</recordid><startdate>20040801</startdate><enddate>20040801</enddate><creator>Boccard, Nicolas</creator><creator>Wauthy, Xavier</creator><general>Elsevier B.V</general><general>Elsevier</general><scope>DKI</scope><scope>X2L</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>20040801</creationdate><title>Bertrand competition and Cournot outcomes: a correction</title><author>Boccard, Nicolas ; Wauthy, Xavier</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c467t-37ae93f7d2985e2d9600e8536a4f058d29f5a7cae03832d2d1c69569c23edeb43</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2004</creationdate><topic>Capacity commitment</topic><topic>Competition</topic><topic>Oligopoly</topic><topic>Price competition</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Boccard, Nicolas</creatorcontrib><creatorcontrib>Wauthy, Xavier</creatorcontrib><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Economics letters</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Boccard, Nicolas</au><au>Wauthy, Xavier</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Bertrand competition and Cournot outcomes: a correction</atitle><jtitle>Economics letters</jtitle><date>2004-08-01</date><risdate>2004</risdate><volume>84</volume><issue>2</issue><spage>163</spage><epage>166</epage><pages>163-166</pages><issn>0165-1765</issn><eissn>1873-7374</eissn><abstract>We received independent comments from Dan Kovenock and Luis Ubeda regarding proofs of Lemma 1 and Theorem 1 in Boccard and Wauthy [Econ. Lett. 68 (2002) 279] (hereafter BW). Claim 4 is indeed poorly stated and proved while in the proof of Theorem 1 payoffs for the price subgame are incorrectly derived. We apologize for these shortcomings. Fortunately the spirit of the proof is not altered. By slightly weakening the scope of the analysis for capacity choice from
mixed strategies into
pure ones, we are able to shorten the proof that is presented hereafter.</abstract><pub>Elsevier B.V</pub><doi>10.1016/j.econlet.2003.11.020</doi><tpages>4</tpages></addata></record> |
fulltext | fulltext |
identifier | ISSN: 0165-1765 |
ispartof | Economics letters, 2004-08, Vol.84 (2), p.163-166 |
issn | 0165-1765 1873-7374 |
language | eng |
recordid | cdi_proquest_miscellaneous_37910123 |
source | RePEc; ScienceDirect Journals (5 years ago - present) |
subjects | Capacity commitment Competition Oligopoly Price competition |
title | Bertrand competition and Cournot outcomes: a correction |
url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-08T20%3A45%3A03IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Bertrand%20competition%20and%20Cournot%20outcomes:%20a%20correction&rft.jtitle=Economics%20letters&rft.au=Boccard,%20Nicolas&rft.date=2004-08-01&rft.volume=84&rft.issue=2&rft.spage=163&rft.epage=166&rft.pages=163-166&rft.issn=0165-1765&rft.eissn=1873-7374&rft_id=info:doi/10.1016/j.econlet.2003.11.020&rft_dat=%3Cproquest_cross%3E37910123%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=37910123&rft_id=info:pmid/&rft_els_id=S0165176504000667&rfr_iscdi=true |