Bertrand competition and Cournot outcomes: Further results

Economics Letters

Volumn 68, Issue 3, 2000, Pages 279-285

  Boccard, Nicolas ^a   Wauthy, Xavier ^b  

^a 1348 LLN ^*  (Belgium)

^b University Faculties of St Louis   (Belgium)

Author keywords

Capacity commitment; D43; F13; L13; Price competition

Indexed keywords

EID: 0034397916     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0165-1765(00)00256-1     Document Type: Article

References (9)

1. Bertrand J. Revue de la théorie de la recherche sociale et des recherches sur les principes mathématiques de la théorie des richesses. Journal des Savants. 1883;499-508.
2. Dasgupta P., Maskin E. The existence of equilibrium in discontinuous economic games. I: Theory. Review of Economic Studies. 53:1986;1-26.
3. Dastidar K.G. On the existence of pure strategy Bertrand equilibria. Economic Theory. 5:1995;19-32.
4. Dastidar K.G. Comparing Cournot and Bertrand equilibria in homogeneous markets. Journal of Economic Theory. 75:1997;205-212.
5. Dixit A. The role of investment in entry deterrence. The Economic Journal. 90:1980;95-106.
6. Edgeworth F. The theory of pure monopoly. Papers Relating To Political Economy. Vol. 1:1925;MacMillan, London.
7. Kreps D., Scheinkman J. Quantity precommitment and Bertrand competition yields Cournot outcomes. Bell Journal of Economics. 14:1983;326-337.
8. Maggi G. Strategic trade policies with endogenous mode of competition. American Economic Review. 86:1996;237-258.
9. Tirole J. Industrial Organization. 1988;MIT Press.