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We will begin with the Cournot model and compare it to Bertrand’s model before analyzing some well-known simple models. It is from these models that we can analyze how disruptive innovations can ...
In a three-country partial equilibrium model with differentiated Cournot and Bertrand competition, we incorporate the two main FDI modes: Greenfield Investment (G.I.) and cross-border Merger and ...
As a hypothetical case, we assumed a duopoly market dominated by two electricity companies, whereby we created two simulation models with two extreme settings of competition, namely the Bertrand and ...