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Essays on capacity-constrained pricing

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Academic year: 2021

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Figure 1.1. Illustration of Case A2 (T C x < k x ) π • • • T xTLM xTCxTx1-ky k xπC π LM
Figure 1.2. Illustration of Case B2 (1 − k y < T x LM < k x ) π • • •• T xTLM xTCxTx1-ky π C π LMkx 1.3 Equilibria
Figure 1.3. Equilibria with substantial product differentiation (1.2 < v/t ≤ 1.5) k y k x1 − 2tv 3tv 1 − 3tv 2tv 11 −2tvv3t1 −3tvv2t1kx, 1 − kyTx LM , 1 − k y1 − ky, 1 − kyTx, Tykx,TLM ykx,kx
Figure 1.4. Asymmetric equilibria (1.2 + 0.6a < v/t ≤ 1.5) k y k xv 8t + a8 + 141 −v2t + a2 1 − 3tv + a3v2t 1v8t−a4+141 −2tv1 −3tv+ av2t−a21kx, 1 − kyTx LM , 1 − k y1 − ky, 1 − kyTx, Tykx,TLM ykx,kx v − p x − tτ ≥ v − p y − (1 + a − τ )t (IR’)
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