Word.ws English Dictionary

Bertrand-Edgeworth model

Bertrand-Edgeworth model proper noun: 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.

Proper noun

the Bertrand-Edgeworth model

  1. 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.

Origin of Bertrand-Edgeworth model

Named after Joseph Bertrand and Francis Ysidro Edgeworth.

Questions about Bertrand-Edgeworth model

What does Bertrand-Edgeworth model mean?
Bertrand-Edgeworth model means 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.
What part of speech is Bertrand-Edgeworth model?
Bertrand-Edgeworth model is a proper noun.

Words near Bertrand-Edgeworth model in the dictionary

  1. Bertrand
  2. Bertrand's paradox
  3. Bertrand's postulate
  4. Bertrand's reagent
  5. Bertrand-Chebyshev theorem
  6. Bertrand-Edgeworth model
  7. bertrandite
  8. Bertsch
  9. Bertsch-Oceanview
  10. Bertsches
  11. Bertucci

Source and license

Adapted from Wiktionary: Bertrand-Edgeworth model (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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