Statements (24)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:appliesTo |
oligopoly
|
| gptkbp:assumes |
perfect information
homogeneous products no capacity constraints simultaneous price setting |
| gptkbp:category |
gptkb:Game_theory
gptkb:Oligopoly_theory |
| gptkbp:contrastsWith |
gptkb:Cournot_competition
|
| gptkbp:describes |
price competition
|
| gptkbp:formedBy |
gptkb:Joseph_Bertrand
|
| gptkbp:introducedIn |
1883
|
| gptkbp:namedAfter |
gptkb:Joseph_Bertrand
|
| gptkbp:predicts |
price equals marginal cost
zero economic profit |
| gptkbp:relatedTo |
gptkb:Nash_equilibrium
gptkb:Stackelberg_competition gptkb:Bertrand_paradox gptkb:Edgeworth_competition |
| gptkbp:usedIn |
microeconomics
industrial organization |
| gptkbp:bfsParent |
gptkb:Joseph_Bertrand
|
| gptkbp:bfsLayer |
7
|
| https://www.w3.org/2000/01/rdf-schema#label |
Bertrand competition
|