Bertrand-Edgeworth model en · PROPN
Etymology
Named after Joseph Bertrand and Francis Ysidro Edgeworth.
Meanings
- A microeconomic model of price-setting oligopoly, dealing with the situation of a homogeneous product (i.e. consumers want to buy from the cheapest seller) and a limit to the output of firms which are willing and able to sell at a particular price.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| the Bertrand-Edgeworth model | canonical | lexicographic |
wikipedia: Francis Ysidro Edgeworth · wikipedia: Joseph Bertrand