Abstract
The paper provides necessary and sufficient conditions for the uniqueness of pure-strategy Nash equilibrium in the standard Bertrand duopoly with a homogeneous product. The main condition is elementary, easy to interpret, and nests all known sufficient conditions in the literature.
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CITATION STYLE
APA
Amir, R., & Evstigneev, I. V. (2018). A new look at the classical Bertrand duopoly. Games and Economic Behavior, 109, 99–103. https://doi.org/10.1016/j.geb.2017.12.010
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