Results 101 to 110 of about 515 (142)
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Cournot-like Interaction with Cournot Outcomes
Studies in Microeconomics, 2018This article works out a Cournot duopoly where firms take price as given, but it is not the same price that is taken for given by each firm; it depends on individual expectations about opponent’s behaviour as are shaped by the business cycle. Yet, the result of this interaction is a Cournot equilibrium as if the calculations were based on the same ...
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Cournot equilibrium without apology: Existence and the Cournot inverse demand function
Games and Economic Behavior, 2009zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Isabel Grilo, Jean-François Mertens
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Journal of Mathematical Economics, 2013
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The dynamics of a triopoly Cournot game
Chaos, Solitons & Fractals, 2000The Cournot oligopoly is extended to three economic agents. The marginal cost of production is constant, the demand function is iso-elastic. The gents react upon market's situation independently and instantly, without gap and rational expectation. It is assumed discrete time in the model.
AGLIARI A., GARDINI, LAURA, PUU T.
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Cournot’s Probabilistic Epistemology
2007From his earliest publications, Cournot broke from tradition with his predecessors in applying mathematical modelling to the social sphere. Consequently, he was the first to affirm the mathematization of social phenomena as an essential principle.
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Stackelberg versus Cournot Equilibrium
Games and Economic Behavior, 1999zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Amir, Rabah, Grilo, Isabel
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The Cournot Model with Coalition Forms
2009 Fifth International Conference on Natural Computation, 2009The Cournot model is extended to game with coalition forms, where the players within coalition are cooperative. A Shapley allocation rule according to the model is given. Furthermore, the stability of Cournot model with coalition structure is discussed, and some relative properties are given.
Shujin Li, Xiaoning Li, Xianglan Qiao
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This paper focuses on the existence of a Cournot equilibrium in a n- firm Cournot market for a single homogeneous commodity. Using a simple argument and proof, it shows that a Cournot equilibrium exists if each firm's marginal revenue declines with its own output and some weak non-decreasing incremental cost condition is satisfied.
Khadidja Benallou +2 more
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Economics Letters, 2001
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The Price of Anarchy of Cournot Oligopoly
2005Cournot oligopoly is typically inefficient in maximizing social welfare which is total surplus of consumer and producer. This paper quantifies the inefficiency of Cournot oligopoly with the term “price of anarchy”, i.e. the worst-case ratio of the maximum possible social welfare to the social welfare at equilibrium.
Xiaolei Guo, Hai Yang 0003
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