Title of article
The contestable outcome as a Bertrand equilibrium
Author/Authors
Chaudhuri، نويسنده , , Prabal Ray Chaudhuri، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1996
Pages
6
From page
237
To page
242
Abstract
We consider a Bertrand duopoly with increasing returns to scale where firms simultaneously decide on their prices and outputs. The unique equilibrium of this game yields the contestable outcome.
Keywords
Bertrand competition , Increasing returns , contestability
Journal title
Economics Letters
Serial Year
1996
Journal title
Economics Letters
Record number
434057
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