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Online Courses: Indian Economic Services, IAS Economics Optional, UGC Net Economics

  • March 08, 2022
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Theory of Value

9. Pricing under Different Market Structures (Part 8) : Bertrand Duopoly Reaction Curves and a Numerical Example

Topics Discussed:

Bertrand Duopoly Reaction Curves

Numericals

10. Pricing under Different Market Structures (Part 9) : Bertrand Nash Equilbrium Proof, Numerical Questions (IES 2018 and IES 2016), Introduction to Stackelberg Model

Topics Discussed:

Bertrand Nash Equilibrium

Stackelberg Model

Past Year Question Discussed:

Q3(c), IES 2018

Q6, IES 2016

 

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