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Bertrand price undercutting: a brief classroom demonstration
- 1.0156107 - NHU-N 20033031 RIV US eng J - Journal Article
Ortmann, Andreas
Bertrand price undercutting: a brief classroom demonstration.
Journal of Economic Education. Roč. 34, č. 1 (2003), s. 21-26. ISSN 0022-0485. E-ISSN 2152-4068
Institutional research plan: CEZ:AV0Z7085904
Keywords : Bertrand competitors * classroom experiments * collusion
Subject RIV: AH - Economics
Impact factor: 0.239, year: 2003
http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=8752397&site=ehost-live
The author presents a brief classroom demonstration illustrating Bertrand price undercutting. The demonstration is appropriate for micro principles and intermediate- and upper-level undergraduate classes, as well as graduate classes in micro, industrial organization, and game theory.
Permanent Link: http://hdl.handle.net/11104/0053574
Number of the records: 1