Bertrand Competition

Herausgegeben:Miller, Frederic P.; Vandome, Agnes F.; McBrewster, John

• Broschiertes Buch

Produktbeschreibung

Bertrand competition is a model of competition used in economics, named after Joseph Louis François Bertrand (1822- 1900). Specifically, it is a model of price competition between duopoly firms which results in each charging the price that would be charged under perfect competition, known as marginal cost pricing.

Produktdetails

• Verlag: Alphascript Publishing
• Seitenzahl: 116
• Englisch
• ISBN-13: 9786130262723
• ISBN-10: 6130262728
• Artikelnr.: 28132201