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Rand, D. (1978) Exotic Phenomena in Games and Duopoly Models. Journal of Mathematical Economics, 5, 173-184. https://doi.org/10.1016/0304-4068(78)90022-8

has been cited by the following article:

• TITLE: Static Aspect of Heterogeneous Competition in Duopoly

  AUTHORS: Bharti Kapoor

  KEYWORDS: Oligopoly, Duopoly, Iso-Elastic Demand, Linear Model, Non-Linear Model, Static Model

  JOURNAL NAME: Open Journal of Applied Sciences, Vol.12 No.4, April 12, 2022

  ABSTRACT: The study gives a comparison between price policy and quantity policy in duopoly producing differentiated goods with different production costs and indicates which is more beneficial. Further, it is investigated that in a non-linear duopoly with differentiated goods and two different policies, firms may earn more profit if they choose a quantity policy in a stable economy when the marginal production cost of both the firms is the same. If the production cost of both firms is different, then the price policy is better only when the firm is efficient.