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Two classical models in the theory of oligopoly are those of Cournot (1838) and Bertrand (1883). In both models the equilibrium concept is the noncooperative equilibrium of Nash (1950). In the former firms set quantities. In the latter prices are the strategy variables. In a duopoly situation where firms produce a homogeneous good and marginal costs are constant and equal for both firms, the Bertrand price equals marginal cost and the Cournot price is above it. With differentiated products, Bertrand prices are above marginal cost. In this case Cournot competition is still viewed as more "monopolistic" than Bertrand competition.
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2014-11-10
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楼主您这问题是四年前提出的,我想知道您现在怎么回答这个问题。我最近也遇到了,所以我想看下你的回答,最好是比较书面点的
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