# Bertrand paradox

> situation in which two players (firms) reach a state of Nash equilibrium where both firms charge a price equal to marginal cost ("MC")

**Wikidata**: [Q4344853](https://www.wikidata.org/wiki/Q4344853)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Bertrand_paradox_(economics))  
**Source**: https://4ort.xyz/entity/bertrand-paradox-q4344853


## References

1. Freebase Data Dumps. 2013
2. [OpenAlex](https://docs.openalex.org/download-snapshot/snapshot-data-format)