IDEAS home Printed from https://ideas.repec.org/a/taf/jeduce/v34y2003i1p27-35.html
   My bibliography  Save this article

Cournot and Bertrand Games

Author

Listed:
  • Steven R. Beckman

Abstract

The author describes a series of matrix choice games illustrating monopoly, shared monopoly, Cournot, Bertrand, and Stackelberg behavior given either perfect complements or perfect substitutes. The games are created by using a spreadsheet to fill out a profit table given the choices of two players. One player selects the column, the other the row, and the table gives the profit of the row chooser. Because each player has a table, each thinks of him- or herself as the row chooser and the other as the column chooser. The games may be applied to international trade through the traditional Boeing v. Airbus story or, more currently, through foreign sales corporations. Addition of Bertrand competition allows discussion of price wars, and addition of perfect complements allows discussion of the proposed Microsoft breakup.

Suggested Citation

  • Steven R. Beckman, 2003. "Cournot and Bertrand Games," The Journal of Economic Education, Taylor & Francis Journals, vol. 34(1), pages 27-35, January.
    • Handle: RePEc:taf:jeduce:v:34:y:2003:i:1:p:27-35
    DOI: 10.1080/00220480309595198
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00220480309595198
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00220480309595198?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ibsen, Alexander Z., 2009. "The politics of airplane production: The emergence of two technological frames in the competition between Boeing and Airbus," Technology in Society, Elsevier, vol. 31(4), pages 342-349.
    2. Robert Rebelein & Evsen Turkay, 2016. "When do first-movers have an advantage? A Stackelberg classroom experiment," The Journal of Economic Education, Taylor & Francis Journals, vol. 47(3), pages 226-240, July.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:taf:jeduce:v:34:y:2003:i:1:p:27-35. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/VECE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.