Moral hazard, Bertrand competition and natural monopoly

DOI10.1007/s00712-017-0527-7zbMath1402.91144OpenAlexW2343188926MaRDI QIDQ1652817

Brishti Guha

Publication date: 16 July 2018

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://mpra.ub.uni-muenchen.de/70966/1/MPRA_paper_70966.pdf

zbMATH Keywords

moral hazardBertrand competitionnatural monopolyactive firms

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Cites Work

• Counterfeiting, enforcement and social welfare
• Minimum quality standards and consumers' information
• Coalition-proof Bertrand equilibria

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