This paper considers a differentiated nonrenewable natural resource duopoly. The outcome of a Cournot type game, where both producers compete in quantities, is compared to that of a Bertrand type game, where both producers compete in prices. It is shown that a Cournot game yields a higher present va
β¦ LIBER β¦
The contestable outcome as a Bertrand equilibrium
β Scribed by Prabal Ray Chaudhuri
- Book ID
- 116102215
- Publisher
- Elsevier Science
- Year
- 1996
- Tongue
- English
- Weight
- 309 KB
- Volume
- 50
- Category
- Article
- ISSN
- 0165-1765
No coin nor oath required. For personal study only.
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