Bertrand competition with asymmetric costs: Experimental evidence

Jan Boone, María Jose Larraín Aylwin, Wieland Müller and Amrita Ray Chaudhuri

Economics Letters, 2012, vol. 117, issue 1, 134-137

Abstract: We provide supporting evidence from the laboratory for the Nash predictions of the homogeneous-good Bertrand model under asymmetric constant unit costs.

Keywords: Bertrand competition; Asymmetric costs; Experiment (search for similar items in EconPapers)
JEL-codes: C72 C92 L13 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:1:p:134-137

DOI: 10.1016/j.econlet.2012.04.098

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