• Title of article

    Bertrand without fudge

  • Author/Authors

    Andreas Blume، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2003
  • Pages
    2
  • From page
    167
  • To page
    168
  • 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
    Mixed strategies , Bertrand competition
  • Journal title
    Economics Letters
  • Serial Year
    2003
  • Journal title
    Economics Letters
  • Record number

    435099