Bertrand, the Cournot Paradigm and the Theory of Perfect Competition

DOI10.2307/2297688zbMath0529.90014OpenAlexW2010422249MaRDI QIDQ3311968

Leo K. Simon

Publication date: 1984

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297688

zbMATH Keywords

game-theoretic modelpure strategy Nash equilibriumcompetitive allocationspure exchange, monetary economy

Mathematics Subject Classification ID

Other game-theoretic models (91A40) General equilibrium theory (91B50)

Related Items (6)

Bilateral price-setting in a bilateral monopoly model ⋮ Randomization and the limit points of monopolistic competition ⋮ A market game with symmetric limit orders ⋮ Bertrand price competition with differentiated commodities ⋮ Bertrand-Edgeworth equilibria in finite exchange economies. ⋮ Bertrand--Edgeworth equilibria with unobservable output, uncoordinated consumers and large number of firms

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