blockversewordysbillionaire.aiyourlistWhiteboardAppquizieunschool

News

Home
Popular
Elections

Genius — OpenServe

Sponsored

Bertrand–Edgeworth model — latest news, discussion & facts — IJR

Bertrand–Edgeworth model

Topic

Bertrand–Edgeworth model

oligopoly price-setting model considering a homogeneous product and a limit to the output of firms which are willing and able to sell at a particular price

0members1here now

Ask Genius Site

Feed Discussions About

Sort by

Content type

Loading

Latest Bertrand–Edgeworth model news and discussion

Sort by

Content type

Nothing published yet

The conversation starts anyway — post the first discussion above.

About Bertrand–Edgeworth model

In microeconomics, the Bertrand–Edgeworth model of price-setting oligopoly explores what happens when firms compete to sell a homogeneous product but face limits on how much they can supply. Unlike in the standard Bertrand competition model, where firms are assumed to meet all demand at their chosen price, the Bertrand–Edgeworth model assumes each firm has a capacity constraint: a fixed maximum output it can sell, regardless of price. This constraint may be physical or may depend on price or other conditions.

0

members

1

here now

Everything about Bertrand–Edgeworth model →

Live room · 1 here

Be the first in the room — members see you arrive.

Facts from Wikidata (CC0).

Bertrand–Edgeworth model across IJR

Ask Genius by OpenServe about Bertrand–Edgeworth model Create in Studio Build a game