It's commonly viewed as the only equilibrium outcome that each firm earns zero profit in the homogeneous product Bertrand game with constant marginal cost.

在不变边际成本的同质产品伯川德价格博弈中，通常认为唯一均衡结果是各个企业获得零利润的纯战略纳什均衡。

youdao

The Bertrand-Stackelberg equilibrium profit, which is not stable in the multi-round model, will eventually come close to Bertrand-Nash equilibrium profit.

但在多轮博弈的模型中伯川德-施塔贝格均衡点并不稳定，最终会趋向于伯川德-纳什均衡点。

youdao

Under the hypotheses of Bertrand competition, the necessary and sufficient conditions for the fully separating equilibrium of two-stage insurance are studied.

在伯川德竞争假设下，研究两期保险完全分离均衡存在的充要条件。

youdao