Bertrand competition with cost uncertainty
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Einy, Ezra & Haimanko, Ori & Moreno, Diego & Shitovitz, Benyamin, 2010.
"On the existence of Bayesian Cournot equilibrium,"
Games and Economic Behavior, Elsevier, vol. 68(1), pages 77-94, January.
- Einy, Ezra & Haimanko, Ori & Shitovitz, Benyamin, 2007. "On the existence of Bayesian Cournot equilibrium," UC3M Working papers. Economics we070603, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Einy, Ezra & Haimanko, Ori & Moreno, Diego & Shitovitz, Benyamin, 2008. "On the Existence of Bayesian Cournot Equilibrium," Discussion Papers 2008-11, Graduate School of Economics, Hitotsubashi University.
- Ezra Einy & Ori Haimanko & Diego Moreno & Benyamin Shitovitz, 2007. "On the Existence of Bayesian Cournot Equilibrium," Working Papers 0702, Ben-Gurion University of the Negev, Department of Economics.
- Ezra Einy & Ori Haimanko & Diego Moreno & Benyamin Shitovitz, 2007. "On the Existence of Bayesian Cournot Equilibrium," Working Papers 0715, Ben-Gurion University of the Negev, Department of Economics.
- Blume, Andreas, 2003. "Bertrand without fudge," Economics Letters, Elsevier, vol. 78(2), pages 167-168, February.
- Partha Dasgupta & Eric Maskin, 1986. "The Existence of Equilibrium in Discontinuous Economic Games, I: Theory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(1), pages 1-26.
- Robert G. Hansen, 1988. "Auctions with Endogenous Quantity," RAND Journal of Economics, The RAND Corporation, vol. 19(1), pages 44-58, Spring.
- Philip J. Reny, 1999. "On the Existence of Pure and Mixed Strategy Nash Equilibria in Discontinuous Games," Econometrica, Econometric Society, vol. 67(5), pages 1029-1056, September.
- Partha Dasgupta & Eric Maskin, 1986. "The Existence of Equilibrium in Discontinuous Economic Games, II: Applications," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(1), pages 27-41.
- Weibull, Jörgen, 2006. "Price competition and convex costs," SSE/EFI Working Paper Series in Economics and Finance 622, Stockholm School of Economics, revised 23 Feb 2006.
- Spulber, Daniel F, 1995. "Bertrand Competition When Rivals' Costs Are Unknown," Journal of Industrial Economics, Wiley Blackwell, vol. 43(1), pages 1-11, March.
- Todd R. Kaplan & David Wettstein, 2000. "The possibility of mixed-strategy equilibria with constant-returns-to-scale technology under Bertrand competition," Spanish Economic Review, Springer;Spanish Economic Association, vol. 2(1), pages 65-71.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Aditi Sengupta, 2013. "Incentive to Reduce Cost under Incomplete Information," Auburn Economics Working Paper Series auwp2013-10, Department of Economics, Auburn University.
- Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2010.
"The end of the Bertrand Paradox?,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
halshs-00542486, HAL.
- Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2010. "The end of the Bertrand Paradox?," Post-Print halshs-00542486, HAL.
- Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2010. "The end of the Bertrand Paradox?," Documents de travail du Centre d'Economie de la Sorbonne 10079, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Peter‐J. Jost & Anna Ressi, 2022. "What can I do for you? Optimal market segmentation in service markets," Production and Operations Management, Production and Operations Management Society, vol. 31(7), pages 2838-2852, July.
- Marie‐Laure Cabon‐Dhersin & Nicolas Drouhin, 2023. "Chamberlin without differentiation: Soft capacity constrained price competition with free entry," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(1), pages 118-126, March.
- Orlando, Giuseppe, 2022. "Simulating heterogeneous corporate dynamics via the Rulkov map," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 32-42.
- Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2020.
"A general model of price competition with soft capacity constraints,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(1), pages 95-120, July.
- Cabon-Dhersin Marie-Laure & Drouhin Nicolas, 2017. "A general model of price competition with soft capacity constraints," Working Papers 2017-56, Center for Research in Economics and Statistics.
- Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2019. "A general model of price competition with soft capacity constraints," Post-Print halshs-01622930, HAL.
- Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2021. "Chamberlin without differentiation: Soft-capacity constrained price competition with free entry," Working Papers halshs-03378500, HAL.
- Fedor Iskhakov & John Rust & Bertel Schjerning, 2018.
"The Dynamics Of Bertrand Price Competition With Cost‐Reducing Investments,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 59(4), pages 1681-1731, November.
- Fedor Iskhakov & John Rust & Bertel Schjerning, 2013. "The Dynamics of Bertrand Price Competition with Cost-Reducing Investments," Discussion Papers 13-05, University of Copenhagen. Department of Economics.
- Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2022. "Chamberlin without differentiation: Soft-capacity constrained price competition with free entry," Post-Print halshs-03378500, HAL.
- Makoto Yano & Takashi Komatsubara, 2018. "Price competition or price leadership," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(4), pages 1023-1057, December.
- Wentao Yi & Chunqiao Tan, 2019. "Bertrand Game with Nash Bargaining Fairness Concern," Complexity, Hindawi, vol. 2019, pages 1-22, August.
- Vintila Alexandra & Roman Mihai Daniel, 2021. "Bertrand competition under asymmetric conditions," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 15(1), pages 235-244, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Robert R. Routledge, 2009. "On the existence of Bayesian Bertrand equilibrium," Economics Discussion Paper Series 0917, Economics, The University of Manchester.
- R. R. Routledge & R. A. Edwards, 2020. "Ambiguity and price competition," Theory and Decision, Springer, vol. 88(2), pages 231-256, March.
- Carmona, Guilherme & Podczeck, Konrad, 2018. "Invariance of the equilibrium set of games with an endogenous sharing rule," Journal of Economic Theory, Elsevier, vol. 177(C), pages 1-33.
- Ritzberger, Klaus, 2009. "Price competition with population uncertainty," Mathematical Social Sciences, Elsevier, vol. 58(2), pages 145-157, September.
- Uyanık, Metin, 2015. "On the nonemptiness of the α-core of discontinuous games: Transferable and nontransferable utilities," Journal of Economic Theory, Elsevier, vol. 158(PA), pages 213-231.
- Oriol Carbonell-Nicolau & Richard P. McLean, 2018.
"On the Existence of Nash Equilibrium in Bayesian Games,"
Mathematics of Operations Research, INFORMS, vol. 43(2), pages 100-129, February.
- Oriol Carbonell-Nicolau & Richard McLean, 2014. "On the existence of Nash equilibrium in Bayesian games," Departmental Working Papers 201402, Rutgers University, Department of Economics.
- Oriol Carbonell-Nicolau & Richard McLean, 2015. "On the Existence of Nash Equilibrium in Bayesian Games," Departmental Working Papers 201513, Rutgers University, Department of Economics.
- Bonatti, Alessandro & Hörner, Johannes, 2017.
"Learning to disagree in a game of experimentation,"
Journal of Economic Theory, Elsevier, vol. 169(C), pages 234-269.
- Alessandro Bonatti & Johannes Horner, 2015. "Learning to Disagree in a Game of Experimentation," Cowles Foundation Discussion Papers 1991, Cowles Foundation for Research in Economics, Yale University.
- Bonatti, Alessandro & Hörner, Johannes, 2017. "Learning to Disagree in a Game of Experimentation," TSE Working Papers 17-791, Toulouse School of Economics (TSE).
- Allison, Blake A. & Bagh, Adib & Lepore, Jason J., 2018. "Sufficient conditions for weak reciprocal upper semi-continuity in mixed extensions of games," Journal of Mathematical Economics, Elsevier, vol. 74(C), pages 99-107.
- Rabia Nessah & Guoqiang Tian, 2013.
"Existence of Solution of Minimax Inequalities, Equilibria in Games and Fixed Points Without Convexity and Compactness Assumptions,"
Journal of Optimization Theory and Applications, Springer, vol. 157(1), pages 75-95, April.
- R. Nessah & G. Tian, 2013. "Existence of solution of minimax inequalities, equilibria in games and fixed points without convexity and compactness assumptions," Post-Print hal-00785017, HAL.
- Plan, Asaf, 2023. "Symmetry in n-player games," Journal of Economic Theory, Elsevier, vol. 207(C).
- Oriol Carbonell-Nicolau & Richard McLean, 2013.
"Approximation results for discontinuous games with an application to equilibrium refinement,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 54(1), pages 1-26, September.
- Oriol Carbonell-Nicolau & Richard McLean, 2011. "Approximation Results for Discontinuous Games with an Application to Equilibrium Refinement," Departmental Working Papers 201128, Rutgers University, Department of Economics.
- Oriol Carbonell-Nicolau & Richard McLean, 2012. "Approximation Results for Discontinuous Games with an Application to Equilibrium Refinement," Departmental Working Papers 201206, Rutgers University, Department of Economics.
- Joao Montez & Nicolas Schutz, 2021.
"All-Pay Oligopolies: Price Competition with Unobservable Inventory Choices [Extremal Equilibria of Oligopolistic Supergames],"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(5), pages 2407-2438.
- Montez, João & Schutz, Nicolas, 2018. "All-Pay Oligopolies: Price Competition with Unobservable Inventory Choices," CEPR Discussion Papers 12963, C.E.P.R. Discussion Papers.
- Joao Montez & Nicolas Schutz, 2018. "All-Pay Oligopolies: Price Competition With Unobservable Inventory Choices," CRC TR 224 Discussion Paper Series crctr224_2018_020, University of Bonn and University of Mannheim, Germany.
- Ghislain Herman Demeze-Jouatsa & Roland Pongou & Jean-Baptiste Tondji, 2024. "Justice, inclusion, and incentives," Journal of Theoretical Politics, , vol. 36(2), pages 101-131, April.
- Kim, Jeong-Yoo & Lee, Myeong Ho & Berg, Nathan, 2016. "Peak-load pricing in duopoly," Economic Modelling, Elsevier, vol. 57(C), pages 47-54.
- Rabia Nessah & Guoqiang Tian, 2016.
"On the existence of Nash equilibrium in discontinuous games,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(3), pages 515-540, March.
- Rabia Nessah & Guoqiang Tian, 2015. "On the existence of Nash equilibrium in discontinuous games," Post-Print hal-01533554, HAL.
- Haimanko, Ori, 2024.
"Bayesian Nash equilibrium in all-pay auctions with interdependent types,"
Games and Economic Behavior, Elsevier, vol. 146(C), pages 222-233.
- Ori Haimanko, 2023. "Bayesian Nash equilibrium in all-pay auctions with interdependent types," Working Papers 2318, Ben-Gurion University of the Negev, Department of Economics.
- Alejandro Saporiti, 2008.
"Existence and Uniqueness of Nash Equilibrium in Electoral Competition Games: The Hybrid Case,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 10(5), pages 827-857, October.
- Alejandro Saporiti, 2007. "Existence and uniqueness of Nash equilibrium in electoral competition games: The hybrid case," Wallis Working Papers WP50, University of Rochester - Wallis Institute of Political Economy.
- Alejandro Saporiti, 2007. "Existence and uniqueness of Nash Equilibrium in electoral competition games: The hybrid case," Economics Discussion Paper Series 0702, Economics, The University of Manchester.
- Guillaume Roger, 2017. "Two-sided competition with vertical differentiation," Journal of Economics, Springer, vol. 120(3), pages 193-217, April.
- Ori Haimanko, 2021.
"Bayesian Nash equilibrium existence in (almost continuous) contests,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(3), pages 1231-1258, April.
- Ori Haimanko, 2020. "Bayesian Nash Equilibrium Existence In (Almost Continuous) Contests," Working Papers 2013, Ben-Gurion University of the Negev, Department of Economics.
- Philippe Bich & Rida Laraki, 2014. "On the Existence of Approximate Equilibria and Sharing Rule Solutions in Discontinuous Games," Working Papers hal-01071678, HAL.
More about this item
Keywords
Bertrand competition Cost uncertainty Mixed strategies;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:107:y:2010:i:3:p:356-359. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolet .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.