Cournot, Bertrand or Chamberlin: Toward a reconciliation

This paper compares the market equilibria in a differentiated industry under Cournot, Bertrand, and monopolistic competition. This is accomplished in a one‐sector economy where consumers are endowed with separable preferences. When firms are free to enter the market, monopolistically competitive fir...

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Veröffentlicht in:	International journal of economic theory 2017-03, Vol.13 (1), p.29-45
Hauptverfasser:	Parenti, Mathieu, Sidorov, Alexander V., Thisse, Jacques‐François, Zhelobodko, Evgeny V.
Format:	Artikel
Sprache:	eng
Schlagworte:	Bertrand competition Cournot competition Economic models free entry Monopolistic competition Reconciliation
Online-Zugang:	Volltext
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