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Competitive Approximation of a Cournot Market
The Review of Economic Studies, 1983It is a longstanding intuitive notion that a market with small Cournot firms and free entry is well approximated as a perfectly competitive market. Not until Novshek's recent paper (1980), however, was this "folk theorem" turned into a real theorem.
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1989
Celebrating the 150th anniversary of Cournot's work, which Mark Blaug has characterized as 'a book that for sheer originality and boldness of conception has no equal in the history of economics thought', this volume focuses on the properties and uses of Cournot's model of competition among the few.
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Celebrating the 150th anniversary of Cournot's work, which Mark Blaug has characterized as 'a book that for sheer originality and boldness of conception has no equal in the history of economics thought', this volume focuses on the properties and uses of Cournot's model of competition among the few.
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Cournot Equilibrium with Free Entry
The Review of Economic Studies, 1980Despite the fact that the assumptions underlying perfect competition never actually hold, the use of the competitive model, as an idealization, is justified if the predictions of the model approximate the outcomes of situations it is used to represent. In partial equilibrium analysis, this justification is embodied in the " Folk Theorem " which states ...
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Cournot, a Non-strategic Economist
2016After a brief biography of Augustin Cournot, this note gives a selective outline of his Recherches sur les principes mathematiques de la theorie des richesses and then discusses the acceptance of the book and its mathematical method by fellow-economists during Cournot’s life and after his death.
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Cournot–Bertrand comparisons under R&D competition: Output versus R&D subsidies
International Journal of Economic Theory, 2023Sang-Ho Lee
exaly
On the Existence of Cournot Equilibrium
International Economic Review, 1963Frank, Charles R. jun. +1 more
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Signalling in an International Cournot Model
2009We consider a trade policy model, where the costs of the home firm are private information but can be signaled through the output levels of the firm to a foreign competitor and a home policymaker. We study the influences of the non-homogeneity of the goods and of the uncertainty on the production costs of the home firm in the signalling strategies by ...
Ferreira, Fernanda A. +2 more
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On the stability analysis of a delayed two-stage Cournot model with R&D spillovers
Mathematics and Computers in Simulation, 2022Luca Guerrini
exaly

