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
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
Journal title :
Economics Letters