Results 91 to 100 of about 515 (142)
Special collections for applying artificial intelligence techniques to encourage economic growth and maintain sustainable societies. [PDF]
Nanping W, Lee TJ, Chen LJ, Kung CC.
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Dynamics of price formation on complex networks. [PDF]
Civilini A, Latora V.
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Cournot-Walras and Cournot equilibria in mixed markets: A comparison [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Giulio Codognato, Codognato Giulio
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Learning in Cournot Oligopoly: An Experiment [PDF]
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
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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 ...
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Reconsidering Cournot: The Cournot Equilibrium is Consistent
The RAND Journal of Economics, 1985This 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.
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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
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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
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VARIATIONAL INEQUALITIES IN COURNOT OLIGOPOLY
International Game Theory Review, 2007Consider 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
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