The performance results associated with both Bertrand cheating and Cournot cheating depend on assumptions that firms make about how other firms will respond to their own cheating.

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Both Bertrand cheating and Cournot cheating involve strategic decisions by firms that are influenced by their expectations of how other firms will react. The outcome of such strategies depends on these assumptions, making the performance results uncertain and dependent on various factors.

The Performance Results Associated with Both Bertrand Cheating and Cournot