Price versus quantity in a duopoly of vertical differentiation with loss-averse consumers

Martínez Sánchez, Francisco

Publication:
Price versus quantity in a duopoly of vertical differentiation with loss-averse consumers

dc.contributor.author	Martínez Sánchez, Francisco
dc.contributor.department	Métodos Cuantitativos para la Economía y la Empresa
dc.date.accessioned	2024-01-12T09:07:43Z
dc.date.available	2024-01-12T09:07:43Z
dc.date.issued	2021-03
dc.description	© 2021. This document is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ This document is the submitted version of a published work that appeared in final form in Research in Economics	es
dc.description.abstract	In a model àla Mussa and Rosen (1978) in which consumers are loss-averse, I check the robustness of the result obtained by Tanaka (2001) . As he did, I find that the quantity con- tract is a dominant strategy for both firms. Thus, Cournot is the outcome in equilibrium. Finally, I find that loss aversion in general intensifies competition.	es
dc.format	application/pdf	es
dc.format.extent	11	es
dc.identifier.citation	Research in Economics Volume 75, Issue 1, March 2021, Pages 1-6
dc.identifier.doi	https://doi.org/10.1016/j.rie.2020.10.008
dc.identifier.issn	Print: 1090-9443
dc.identifier.issn	Electronic: 1090-9451
dc.identifier.uri	http://hdl.handle.net/10201/137231
dc.language	eng	es
dc.publisher	Elsevier	es
dc.relation	Crecimiento y Ciclos Económicos. Entidad: Agencia Estatal de Investigación Ámbito Del Proyecto: Nacional Comienzo: 01/06/2020, Fin: 31/10/2023 PID2019-107192GB-I00	es
dc.relation.publisherversion	https://www.sciencedirect.com/science/article/pii/S1090944320303793?via%3Dihub	es
dc.rights	info:eu-repo/semantics/openAccess	es
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internacional	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/	*
dc.subject	Loss aversion	es
dc.subject	Price and quantity contracts	es
dc.subject	Vertical product differentiation	es
dc.title	Price versus quantity in a duopoly of vertical differentiation with loss-averse consumers	es
dc.type	info:eu-repo/semantics/article	es
dspace.entity.type	Publication	es