Abstract
I show that concealing cost is the dominant strategy in Bertrand oligopoly. generalising a result of Gal-Or (1986, Rev. Econ. Stud 53. 85 -92) and correcting an error of Raith (1996, J. Econ. Theory 71, 260 288). Journal of Economic Literature Classification Numbers. D43. L13. (C) 2000 Academic Press.
Original language | English |
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Pages (from-to) | 144-145 |
Number of pages | 2 |
Journal | Journal of Economic Theory |
Volume | 93 |
Issue number | 1 |
Publication status | Published - Jul 2000 |