{"id":106529,"date":"2022-01-27T19:51:01","date_gmt":"2022-01-27T19:51:01","guid":{"rendered":"https:\/\/essayparlour.com\/paperhelp\/?p=106529"},"modified":"2022-01-27T19:51:01","modified_gmt":"2022-01-27T19:51:01","slug":"suppose-that-in-the-repeated-bertrand-model-discussed-in-section","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/paperhelp\/business-economics-2\/suppose-that-in-the-repeated-bertrand-model-discussed-in-section\/","title":{"rendered":"Suppose that in the repeated Bertrand model discussed in Section"},"content":{"rendered":"<table style = 'table-striped table-bordered table-hover' responsive='true'>\n<tr>\n<th>Question<\/th>\n<\/tr>\n<tr>\n<td>Suppose that in the repeated Bertrand model discussed in Section 19.5, Joe and Rebecca take only a week instead of a month to observe and respond to each other&#8217;s prices. Derive the largest weekly interest rate for which the two producers have an incentive to follow this strategy: Charge the monopoly price of $70 if no one has yet undercut that price; otherwise, charge $40 (equal to marginal cost). What is the largest weekly interest rate when price changes take a month?<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Question<\/p>\n<p>\nSuppose that in the repeated Bertrand model discussed in Section 19.5, Joe and Rebecca take only a week instead of a month to observe and respond to each other&#8217;s prices. Derive the largest weekly interest rate for which the two <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-106529","post","type-post","status-publish","format-standard","hentry","category-business-economics-2"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/106529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/comments?post=106529"}],"version-history":[{"count":1,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/106529\/revisions"}],"predecessor-version":[{"id":106530,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/106529\/revisions\/106530"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/media?parent=106529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/categories?post=106529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/tags?post=106529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}