منابع مشابه
Bertrand competition
Bertrand competition is a model of competition used in economics, named after Joseph Louis François Bertrand (1822-1900). Specifically, it is a model of price competition between duopoly firms which results in each charging the price that would be charged under perfect competition, known as marginal cost pricing. The model has the following assumptions: There are at least two firms producing ho...
متن کاملMorals and Medicine
pared to normal synovial cells. This little book reviews these and other measurements in plasma, urine, synovial fluid, tissue extracts and synovial cell culture. The chapter on hormones is notable for its statement that prednisolone is the only drug which can halt the erosive progress of rheumatoid arthritis. This is certainly not the orthodox view of most rheumatologists, and its emphasis cas...
متن کاملBertrand Supertraps
We study oligopoly price competition between multiproduct firms, firms whose products interact in the profit function. Specifically, we focus on the impact of intra-firm product interactions on the level of equilibrium profits. This impact is divided into two effects: a direct effect and a strategic effect (i.e., through the competitors’ actions). We derive conditions such that the strategic ef...
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ژورنال
عنوان ژورنال: Philosophy and Phenomenological Research
سال: 1964
ISSN: 0031-8205
DOI: 10.2307/2105410