Equilibrios Competitivos y de Bertrand, con y sin Diferenciación de Productos

  • German Coloma Universidad del CEMA

Abstract

In this paper we show that a homogeneous-product market with multiple Bertrand equilibria becomes a market with a single Bertrand equilibrium when we introduce a small degree of product differentiation. When differentiation tends to zero, that Bertrand equilibrium converges to the unique competitive equilibrium of the homogeneous-product market, which is in turn one of the multiple Bertrand equilibria for that market.
How to Cite
Coloma, G. (1). Equilibrios Competitivos y de Bertrand, con y sin Diferenciación de Productos. Economic Analysis Review, 24(1), 43-53. Retrieved from https://www.rae-ear.org/index.php/rae/article/view/87
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Articles