A Readings in Industrial Organization
Publisher: Blackwell Publishing Limited
Published: May 1, 2000
Language: eng
Number of pages: 450
ISBN-13: 9780631216179
First sentence: Bertrand's model of oligopoly, which gives perfectly competitive outcomes, assumes that: (1) there is competition over prices and (2) production follows the realization of demand.
Notes: Blackwell Readings for Contemporary Economics