Bertrand Price Undercutting: A Brief Classroom Demonstration
<title>Abstract</title> The author presents a brief classroom demonstration illustrating Bertrand price undercutting. The demonstration is appropriate for micro principles and intermediate- and upper-level undergraduate classes, as well as graduate classes in micro, industrial organization, and game theory.
Year of publication: |
2003
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Authors: | Ortmann, Andreas |
Published in: |
The Journal of Economic Education. - Taylor & Francis Journals, ISSN 0022-0485. - Vol. 34.2003, 1, p. 21-26
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Publisher: |
Taylor & Francis Journals |
Saved in:
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