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Bertrand competition

economic model where firms set prices exceeding their marginal cost and their customers choose quantities at those prices, so that each firm maximise their profits by undercutting competitors' prices
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Bertrand competition

Summary

Bertrand competition is an economic model[1]. It draws 297 Wikipedia views per month (economic_model category, ranking #16 of 38).[2]

Key Facts

  • Bertrand competition's instance of is recorded as economic model[3].
  • Joseph Bertrand is named after Bertrand competition[4].

Body

Definition and Type

Bertrand competition's instance of is recorded as economic model[3].

Origins

Joseph Bertrand is named after Bertrand competition[4].

Why It Matters

Bertrand competition draws 297 Wikipedia views per month (economic_model category, ranking #16 of 38).[2] It has Wikipedia articles in 18 language editions, a strong signal of global cultural recognition.[5] It is known by 16 alternative names across languages and contexts.[6]

Related Entities

Joseph Bertrand

References

Programmatic citations — every numbered marker resolves to a verifiable graph row below.

Direct Wikidata claims

  1. [3] ↑ . wikidata.org.
  2. [4] ↑ . wikidata.org.

Class ancestry

  1. [1] ↑ . Wikidata. wikidata.org.

Aggregate / graph-position facts

  1. [2] ↑ . Wikimedia Foundation. dumps.wikimedia.org.
  2. [5] ↑ . Wikidata sitelinks. wikidata.org.
  3. [6] ↑ . Wikidata aliases. wikidata.org.

📑 Cite this page

Use these citations when quoting this entity in research, articles, AI prompts, or wherever provenance matters. We aggregate Wikidata + Wikipedia + authoritative open-data sources; the stitched, scored, cross-referenced view is what 4ort.xyz contributes.

APA 4ort.xyz Knowledge Graph. (2026). Bertrand competition. Retrieved May 3, 2026, from https://4ort.xyz/entity/bertrand-competition
MLA “Bertrand competition.” 4ort.xyz Knowledge Graph, 4ort.xyz, 3 May. 2026, https://4ort.xyz/entity/bertrand-competition.
BibTeX @misc{4ortxyz_bertrand-competition_2026, author = {{4ort.xyz Knowledge Graph}}, title = {{Bertrand competition}}, year = {2026}, url = {https://4ort.xyz/entity/bertrand-competition}, note = {Accessed: 2026-05-03}}
LLM prompt According to 4ort.xyz Knowledge Graph (aggregator of Wikidata, Wikipedia, and authoritative open-data sources): Bertrand competition — https://4ort.xyz/entity/bertrand-competition (retrieved 2026-05-03)

Canonical URL: https://4ort.xyz/entity/bertrand-competition · Last refreshed:

Edit History

Rolling log of changes to this entity's Wikidata record. Values shown reflect the current state of each edited property — follow the history link to see the precise diff for any edit.

  1. 7d ago · Nyuhn · 2026-07-10 view diff on Wikidata ↗
    P14541 → DWVca
    Aliases → —
    Named after → —
    Instance of → economic model
    + 3 other properties edited (see Wikidata diff for full list)
    "/* wbeditentity-update:0| */ QuickStatements 3.0 [[:toollabs:qs-dev/batch/40849|batch #40849]]: ZGBK ID"
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