The author describes a series of matrix choice games illustrating monopoly, shared monopoly, Cournot, Bertrand, and … or, more currently, through foreign sales corporations. Addition of Bertrand competition allows discussion of price wars …

. 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 subsidy equivalence between Cournot (Bertrand) private leadership and simultaneous Bertrand (Cournot) under duopoly …

This paper compares Cournot and Bertrand equilibria in a downstream differentiated duopoly in which the input price … that the standard result that Cournot equilibrium profits exceed those under Bertrand competition - when the differentiated … duopoly game is played in imperfect substitutes - is reversible. Whether equilibrium profits are higher under Cournot or …

This paper extends the Cournot and Bertrand models of strategic interaction between firms by assuming that managers are … paper finds that if firms with reciprocal managers compete à la Cournot, then they may be able to sustain “collusive … reciprocity equilibrium. If there is Cournot competition between firms and their managers are averse to advantageous …

behavior in the two competitive settings and lead all firms in oligopoly to gain higher profits in Cournot than in Bertrand … and Mitra (2010). In duopoly, aggregate profits are equivalent in Cournot and Bertrand. …

that, according to the value of θ, the market can reach a very large set of symmetric equilibria. Both the Bertrand and … the Cournot outcomes can emerge as equilibria of the game. In addition to these the price game can determine an …

from the Cournot-Bertrand dispute and the stream of research it gave birth to, this survey shows that we are far from …

This paper revisits the classic profit-ranking of Cournot and Bertrand equilibria and the issue of endogenous choice of … profit under Bertrand competition than that under Cournot competition and (b) firms face a prisoners' dilemma type of …