The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BERTRAND GAME Definition & Legal Meaning

Definition & Citations:

When two suppliers compete. They choose their own selling price and than meet demand. The cheaper of the two will probably have more customers. Sometimes the demand is split in half. They can now start a price war and get zero profit, split high profits,


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.