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 …

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. …

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 …

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. …

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 …