Citation
F. Bloch et H. Ferrer, Strategic complements and substitutes in bilateral oligopolies, ECON LETT, 70(1), 2001, pp. 83-87
Citations number
5
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765
→ ACNP
Volume
70
Issue
1
Year of publication
2001
Pages
83 - 87
Database
ISI
SICI code
0165-1765(200101)70:1<83:SCASIB>2.0.ZU;2-1
Abstract
This paper characterizes the equilibrium of a bilateral oligopoly where tra
ders have CES utility functions. We show that the offers of traders on the
two sides of the market are strategic substitutes if and only if the goods
are complements. (C) 2001 Elsevier Science BN. All rights reserved. JEL cla
ssification: D43.