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...
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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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Growing up in Basel, Switzerland, Claudine Kraft attended a language high school with very little insight into the life sciences , but still found herself fascinated by mathematics, physics, chemistry, and cell biology. However, when it came time to decide what to study as an undergraduate , she couldn't make up her mind—every subject seemed too dry on its own. Following the advice of her volle...
متن کاملClaudine Verheggen the Meaningfulness of Meaning Questions
Contra an expanding number of deflationary commentators on Wittgenstein, I argue that philosophical questions about meaning are meaningful and that Wittgenstein gave us ample reason to believe so. Deflationists are right in claiming that Wittgenstein rejected the sceptical problem about meaning allegedly to be found in his later writings and also right in stressing Wittgenstein’s anti-reduction...
متن کاملBertrand Competition Under Uncertainty
Consider a Bertrand model in which each rm may be inactive with a known probability, so the number of active rms is uncertain. This activity level can be endogenized in any of several ways{ as whether to incur a xed cost of activity, as output choice, or as quality choice. Our model has a mixed-strategy equilibrium, in which industry pro ts are positive and decline with the number of rms, the s...
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ژورنال
عنوان ژورنال: LittéRéalité
سال: 2002
ISSN: 0843-4182
DOI: 10.25071/0843-4182.28590