? E XERCISE 210.1 (Bertrand’s duopoly game with entry) Find the subgame perfect equilibria of the…

? EXERCISE 210.1 (Bertrand’s duopoly game with entry) Find the subgame perfect equilibria of the variant of the game studied in this section in which the post-entry competition is a game in which each firm chooses a price, as in the example of Bertrand’s duopoly game studied in Section 3.2.2, rather than an output.

 

 

 

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