Some forgotten equilibria of the Bertrand duopoly!?

Mathias Erlei

This note analyzes the Bertrand duopoly with constant but asymmetric marginal costs on a market with homogenous products. It is shown that there exist some equilibria that are ignored in the literature on IO. In addition, in this setting (perfectly or nearly perfectly) competitive equilibria exist.

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Year of publication:	2002
Authors:	Erlei, Mathias
Publisher:	Clausthal-Zellerfeld : Inst. für Wirtschaftswiss.
Subject:	Bertrand-Wettbewerb \| Bertrand competition \| Gleichgewichtsmodell \| Equilibrium model

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Extent:	Online-Ressource (7 S.)
Series:	TUC working papers in economics. - Clausthal-Zellerfeld : Technische Universität, ZDB-ID 2273902-6. - Vol. 4
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Literaturverz. S. 6 - 7 Systemvoraussetzungen: Acrobat Reader
Other identifiers:	10.21268/20140612-234103 [DOI] hdl:10419/107445 [Handle]
Classification:	D4 - Market Structure and Pricing ; L13 - Oligopoly and Other Imperfect Markets
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010481429