Re: DSE 2013 Paper Discussion
Posted by
Akshay Jain on
May 22, 2014; 4:55pm
URL: http://discussion-forum.276.s1.nabble.com/DSE-2013-Paper-Discussion-tp7584703p7590439.html
Yes there is a relation....
consider the case of betrand duopoly competition where both the firms has constant MC of c and both the firms set prices simultaineously....
then the competitive price = mc of each firm is a nash equilibrium outcome.....
its just an example.....there can b many others....
Akshay Jain
Masters in Economics
Delhi School of Economics
2013-15