. The application of focus for Cournot competition is power markets while that for Bertrand competitionis product design. We …The focus of this research is on the analysis and computation of equilibria in noncooperative Cournot and Bertrandgames … consider Cournot-based models for strategic behavior in power markets while Bertrandbasedmodels are employed for analyzing the …

This paper demonstrates that the standard conclusions regarding the comparison of Cournot and Bertrand competition are … Cournot competition yields higher output, lower wholesale prices, lower final prices, higher consumers' surplus, and higher … total welfare than Bertrand competition. …

the relative profitability of Cournot vs. Bertrand when a per unit royalty is applied. By contrast, we find that Cournot … yields higher profits than Bertrand under ad valorem royalties, regardless of the strength of network effects. …

Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … Bertrand competition if the upstream firm subsidises the quantity setting downstream firm’s production via negative wholesale …

market competition, Cournot and Bertrand. It shows that the cost of technology has differential impact on technology adoption … ex post cost asymmetry between firms is higher under Bertrand competition than under Cournot competition. If the cost of … technology is high, Bertrand competition leads to higher cost-efficiency than Cournot competition provided that the cost reducing …

Bertrand equilibria are in continuous mixed strategies, while every Cournot duopoly has an equilibrium in pure strategies, or …In a two-market Bertrand duopoly,each of two firms chooses one of two markets and a price in that market. All four … choices are made simultaneously. In a two-market Cournot duopoly, the firms choose quantities rather than prices.It is well …

competition than under Cournot competition, implying that the classical result of Singh and Vives (1984) that Bertrand prices are …Hackner (2000) shows that in a differentiated oligopoly with more than two firms , prices may be higher under Bertrand … always lower than Cournot prices is sensitive to the duopoly assumption. Hackner (2000), however, leaves unanswered the …