Bertrand Price Undercutting: A Brief Classroom Demonstration

CERGE-EI Working Paper No. 196

13 Pages Posted: 8 Apr 2003

See all articles by Andreas Ortmann

Andreas Ortmann

UNSW Australia Business School, School of Economics

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Date Written: 2002

Abstract

I present a brief classroom demonstration illustrating Bertrand price undercutting. The classroom demonstration is appropriate for Micro Principles, and both intermediate and upper level undergraduate, as well as graduate classes in micro, Industrial Organization, and Game Theory.

Suggested Citation

Ortmann, Andreas, Bertrand Price Undercutting: A Brief Classroom Demonstration (2002). CERGE-EI Working Paper No. 196, Available at SSRN: https://ssrn.com/abstract=317865 or http://dx.doi.org/10.2139/ssrn.317865

Andreas Ortmann (Contact Author)

UNSW Australia Business School, School of Economics ( email )

High Street
Sydney, NSW 2052
Australia

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