Results 91 to 100 of about 515 (142)

Cournot-Walras and Cournot equilibria in mixed markets: A comparison [PDF]

open access: possibleEconomic Theory, 1995
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Giulio Codognato, Codognato Giulio
exaly   +4 more sources

Learning in Cournot Oligopoly: An Experiment [PDF]

open access: possibleSSRN Electronic Journal, 1997
This experiment was designed to test various learning theories in the context of a Cournot oligopoly. We derive theoretical predictions for the learning theories and test these predictions by varying the information given to subjects. The results show that some subjects imitate successful behavior if they have the necessary information; and if they ...
Steffen Huck   +2 more
openaire   +1 more source

Cournot competition [PDF]

open access: possible, 2008
Cournot's 1838 model of strategic interaction between competing firms has become the primary workhorse for the analysis of imperfect competition, and shows up in a variety of fields, notably industrial organization and international trade. This entry begins with a tour of the basic Cournot model and its properties, touching on existence, uniqueness ...
openaire   +1 more source

Reconsidering Cournot: The Cournot Equilibrium is Consistent

The RAND Journal of Economics, 1985
This article uses an infinite-regress model of firm-level decisions to find a rational expectations equilibrium for a duopoly and to relate concepts of conjectural variations and consistency to the Cournot equilibrium. The model derives a conjectural variation instead of assuming it.
openaire   +1 more source

Cournot Fire Sales

American Economic Journal: Macroeconomics, 2018
In standard Walrasian macro-finance models, pecuniary externalities due to fire sales lead to excessive borrowing and insufficient liquidity holdings. We investigate whether imperfect competition (Cournot) improves welfare through internalizing the externality and find that this is far from guaranteed.
Eisenbach, Thomas M., Phelan, Gregory
openaire   +2 more sources

VARIATIONAL INEQUALITIES IN COURNOT OLIGOPOLY

International Game Theory Review, 2007
Consider G = (X1,…,XM,g1,…,gM) an M-player game in strategic form, where the set Xi is an interval of real numbers and the payoff functions gi are differentiable with respect to the related variable xi ∈ Xi. If they are also concave, with respect to the related variable, then it is possible to associate to the game G a variational inequality which ...
C. A. PENSAVALLE, G. PIERI
openaire   +4 more sources

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