Bertrand without fudge

Andreas Blume

doi:10.1016/S0165-1765(02)00217-3

Bertrand without fudge

Andreas Blume

Research output: Contribution to journal › Article › peer-review

39 Scopus citations

Abstract

This paper reexamines Bertrand competition with homogeneous products and different marginal costs. It is shown that the conventional outcome is supported by an equilibrium in the original game under the standard rationing rule.

Original language	English (US)
Pages (from-to)	167-168
Number of pages	2
Journal	Economics Letters
Volume	78
Issue number	2
DOIs	https://doi.org/10.1016/S0165-1765(02)00217-3
State	Published - Feb 1 2003
Externally published	Yes

Keywords

Bertrand competition
Mixed strategies

ASJC Scopus subject areas

Finance
Economics and Econometrics

Access to Document

10.1016/S0165-1765(02)00217-3

Cite this

@article{c251d209f7b74ecfabdfabc4fd0ffc38,

title = "Bertrand without fudge",

abstract = "This paper reexamines Bertrand competition with homogeneous products and different marginal costs. It is shown that the conventional outcome is supported by an equilibrium in the original game under the standard rationing rule.",

keywords = "Bertrand competition, Mixed strategies",

author = "Andreas Blume",

year = "2003",

month = feb,

day = "1",

doi = "10.1016/S0165-1765(02)00217-3",

language = "English (US)",

volume = "78",

pages = "167--168",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier",

number = "2",

}

TY - JOUR

T1 - Bertrand without fudge

AU - Blume, Andreas

PY - 2003/2/1

Y1 - 2003/2/1

N2 - This paper reexamines Bertrand competition with homogeneous products and different marginal costs. It is shown that the conventional outcome is supported by an equilibrium in the original game under the standard rationing rule.

AB - This paper reexamines Bertrand competition with homogeneous products and different marginal costs. It is shown that the conventional outcome is supported by an equilibrium in the original game under the standard rationing rule.

KW - Bertrand competition

KW - Mixed strategies

UR - http://www.scopus.com/inward/record.url?scp=0037294606&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0037294606&partnerID=8YFLogxK

U2 - 10.1016/S0165-1765(02)00217-3

DO - 10.1016/S0165-1765(02)00217-3

M3 - Article

AN - SCOPUS:0037294606

VL - 78

SP - 167

EP - 168

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

IS - 2

ER -

Bertrand without fudge

Abstract

Keywords

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this