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  • 标题:THE BERTRAND MODEL OF THE SINGLE MARKET
  • 本地全文:下载
  • 作者:Sirghi Nicoleta ; Vadasan Ioana
  • 期刊名称:Annals of the University of Oradea : Economic Science
  • 印刷版ISSN:1222-569X
  • 电子版ISSN:1582-5450
  • 出版年度:2010
  • 卷号:XIX
  • 期号:02
  • 页码:324-324–329
  • 出版社:University of Oradea
  • 摘要:Starting with the signification of the rationality hypothesis when the agent™s contentment is directly affected by the other agents™ decisions, the theory of games defines solutions for solving different situations of conflict. The economic actors have different behaviours of the Single Market. Oligopoly strategic behaviours were analysed by the Bertrand model. The two types revealed in the work show that strategic interactions are sensitive to the companies™ features, products and markets. Regarding the situation when we have an oligopoly competition, the companies make interdependent decisions in the environment affected by risk and uncertainty of the Single Market. For this reason it is an opportunity to study the structure of oligopoly type of of the Single Market with the aid of non ‘cooperative games.
  • 关键词:the Bertrand model, the Single Market, theory of games, Nash equilibrium
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