Cahiers d'économie politique / Papers in Political Economy, No. 63, On perfect competition: definitions, usages and foundations / De la concurrence parfaite: définitions, usages et fondements (2012), ...
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. We show that both of ...
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