Bertrand Competition in Networks

DOI10.1007/978-3-540-79309-0_8MaRDI QIDQ5459973zbMATH OpenOpenAlexFDO

Authors Shuchi Chawla, Tim Roughgarden

Publication date 2 May 2008

Published in Algorithmic Game Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/978-3-540-79309-0_8

Mathematics Subject Classification ID

Games involving graphs (91A43) Combinatorial games (91A46) Auctions, bargaining, bidding and selling, and other market models (91B26)

Recommendations

• Networks of complements
• Price competition with elastic traffic
• Bertrand competition under network externalities
• On the efficiency of markets with two-sided proportional allocation mechanisms
• Network Cournot competition

Cites work

• A network pricing game for selfish traffic
• Bertrand Competition in Networks
• Competition and Efficiency in Congested Markets
• Incentives and pricing in communications networks
• Introduction to the inefficiency of equilibria
• Investment and market structure in industries with congestion
• Microeconomic theory
• Multiple Market Entry, Cost Signalling and Entry Deterrence
• Pricing network edges for heterogeneous selfish users
• Resource pricing and the evolution of congestion control
• Strategic network formation through peering and service agreements

Cited in

(25)

• Bertrand competition under network externalities
• Sensitivity analysis of markup equilibria in complementary markets
• Strategic pricing in next-hop routing with elastic demands
• Toll caps in privatized road networks
• Competition with congestible networks
• Efficiency and complexity of price competition among single-product vendors
• The price of imperfect competition for a spanning network
• Price competition, free entry, and welfare in congested markets
• Pricing in population games with semi-rational agents
• Cheap labor can be expensive
• Network Cournot competition
• Price Competition in Networked Markets: How Do Monopolies Impact Social Welfare?
• Pricing with markups in industries with increasing marginal costs
• Networks of complements
• Bertrand equilibria and efficiency in markets for congestible network services
• Network pricing: how to induce optimal flows under strategic link operators
• Network investment games with Wardrop followers
• Transparency and control in platforms for networked markets
• On the Role of a Market Maker in Networked Cournot Competition
• Selling complementary goods: dynamics, efficiency and revenue
• Bertrand Competition in Networks
• Pricing behaviors on networks: some general results for two-way networks
• Market power in bilateral oligopoly markets with non-expandable infrastructures
• Finite purchasing power and computations of Bertrand-Nash equilibrium prices
• Efficiency in decentralized oligopolistic markets

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