Bertrand Price Undercutting: A Brief Classroom Demonstration
AbstractThe author presents a brief classroom demonstration illustrating Bertrand price undercutting. The demonstration is appropriate for micro principles and intermediate- and upper-level undergraduate classes, as well as graduate classes in micro, industrial organization, and game theory.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal The Journal of Economic Education.
Volume (Year): 34 (2003)
Issue (Month): 1 (January)
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Web page: http://www.tandfonline.com/VECE20
Other versions of this item:
- Andreas Ortmann, 2002. "Bertrand Price Undercutting: A Brief Classroom Demonstration," CERGE-EI Working Papers wp196, The Center for Economic Research and Graduate Education - Economic Institute, Prague.
- A1 - General Economics and Teaching - - General Economics
- A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- D4 - Microeconomics - - Market Structure and Pricing
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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