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Marie-Laure Cabon-Dhersin
''Cournot vs. Bertrand competition in the international transport market with environmental standard''
( 2022, Vol. 42 No.2 )
We revisit the classic comparison of Bertrand and Cournot competition by studying how the form of competition between shipping companies affects transport prices, international trade, consumer and producer surplus, and social welfare in two countries that coordinate their environmental policies. We show that the standard Bertrand-Cournot ranking only prevails when pollution abatement technologies are sufficiently efficient.
Keywords: Cournot competition, Bertrand competition, environmental standards, international transportation, trade
JEL: Q5 - Environmental Economics: General
L1 - Market Structure, Firm Strategy, and Market Performance: General
Manuscript Received : Jan 25 2022 Manuscript Accepted : Jun 30 2022

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