Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10008648221
Persistent link: https://www.econbiz.de/10008546030
Persistent link: https://www.econbiz.de/10008546031
We analyze the classical model of Bertrand competition in a homogeneous good market with constant marginal costs and uncertainty regarding rivals' costs. First, we show that there exists a mixed strategy Nash equilibrium under the conventional equal sharing rule. Second, we illustrate the result...
Persistent link: https://www.econbiz.de/10008494891
Persistent link: https://www.econbiz.de/10008409586
Persistent link: https://www.econbiz.de/10013538984