Just a quick check and this is not for the camera, how many of you have seen Bertrand competition before?
我们迅速了解一下,这不是为了录影,你们谁之前学过伯川德竞争
So the first thing we're going to do today is look at a different form of competition which is called Bertrand competition.
所以今天我们要做的第一件事,就是来学习一个不同形式的竞争,叫伯川德竞争
The Cournot was competing in quantities and Bertrand is competing in prices.
古诺是在产量上竞争,而伯川德是在价格上竞争
So what we're going to do now is we're going to relax some of the assumptions of this Bertrand model and it's going to do two things for us.
所以现在要做的是,去放宽,伯川德模型的一些假设,它将给我们带来两样事情
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