The author describes a series of matrix choice games illustrating monopoly, shared monopoly, Cournot, Bertrand, and … or, more currently, through foreign sales corporations. Addition of Bertrand competition allows discussion of price wars …

from the Cournot-Bertrand dispute and the stream of research it gave birth to, this survey shows that we are far from …

infinity. In the limit, a range of outcomes stretching from Cournot via Stackelberg to Bertrand can result in equilibrium, i …-stage game, the set of outcomes is a quasi-hyperrectangle including Cournot, Allaz-Vila, and all two-stage Stackelberg outcomes …. In general, it consists of T-1 such hyperrectangles where the lower bound approaches the Bertrand outcome as T tends to …

We revisit the classic profit-ranking of Cournot and Bertrand equilibria and the issue of endogenous choice of a price … firm earns higher (lower) profit under Bertrand competition than under Cournot competition. Therefore, unless network …, Cournot equilibrium always constitutes the subgame perfect Nash equilibrium (SPNE). However, a prisoners's dilemma type of …

Cournot and Bertrand competition. Delegation with 'own-performance' based incentive schemes always leads to early adoption in … markets with Bertrand competition compared to that under no-delegation, but not necessarily so in markets with Cournot … competition. It also shows that the ranking of Cournot and Bertrand equilibria in terms of delay in adoption depends on the type …

between Bertrand and Cournot competition are compared. We find that licensing raises domestic welfare, and domestic welfare is … higher in Bertrand than in Cournot competition regardless of whether or not domestic firms engage in licensing. Non …

from both Cournot and Bertrand competition. …The possibility of forward trading has been shown to restore social efficiency in Cournot oligopolies if marginal costs …