Bertrand Game Under Cost Function

Partha Dube

Australian Economic Papers, 2018, vol. 57, issue 4, 489-496

Abstract: This paper analyses price competition in the case of monopoly and duopoly considering cost function under the minimum money expensed with demand probability and shows the existence of pure strategy Nash equilibrium of a Bertrand game. It also finds price strategies of two firms to earn maximum profits in a Bertrand game.

Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1111/1467-8454.12133

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ausecp:v:57:y:2018:i:4:p:489-496

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0004-900X

Access Statistics for this article

Australian Economic Papers is currently edited by Daniel Leonard

More articles in Australian Economic Papers from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().