• 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