A new look at the classical Bertrand duopoly

B-Tier
Journal: Games and Economic Behavior
Year: 2018
Volume: 109
Issue: C
Pages: 99-103

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The paper provides necessary and sufficient conditions for the uniqueness of pure-strategy Nash equilibrium in the standard Bertrand duopoly with a homogeneous product. The main condition is elementary, easy to interpret, and nests all known sufficient conditions in the literature.

Technical Details

RePEc Handle
repec:eee:gamebe:v:109:y:2018:i:c:p:99-103
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24