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UNEMPLOYMENT IN AN EXTENDED COURNOT OLIGOPOLY MODEL
Oxford Economic Papers, 1989ATrEMP1rS to explain unemployment' begin with the labour market. Yet, by attributing it to deficient demand for goods, Keynes questioned the use of partial analysis, and stressed the need to consider interactions between the labour and product markets.
d'Aspremont, Claude +2 more
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Delay Cournot duopoly models revisited
Chaos: An Interdisciplinary Journal of Nonlinear Science, 2018In considering economic dynamics, it has been known that time delays are inherent in economic phenomena and could be crucial sources for oscillatory behavior. The main aim of this study is to shed light on what effects the delays can generate. To this end, different models of Cournot duopoly with different delays are built in a continuous time ...
Luca Guerrini +2 more
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2009
In this chapter we will introduce the classical Cournot model, which is also known as the single-product quantity setting oligopoly model without product differentiation. In the first section of the chapter the Cournot model will be discussed as an N-firm static game and the best responses of the firms and the equilibria will be determined in a series ...
Gian-Italo Bischi +3 more
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In this chapter we will introduce the classical Cournot model, which is also known as the single-product quantity setting oligopoly model without product differentiation. In the first section of the chapter the Cournot model will be discussed as an N-firm static game and the best responses of the firms and the equilibria will be determined in a series ...
Gian-Italo Bischi +3 more
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-learning agents in a Cournot oligopoly model
Journal of Economic Dynamics and Control, 2008zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Waltman, L.R., Kaymak, U.
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Free entry and stability in a cournot model
Journal of Economic Theory, 1986In a Cournot model for a single homogeneous good, we study simultaneously two stability properties of a Cournot equilibrium: the stability of a continuous quantity adjustment process with a fixed number of firms and the stability relative to entry.
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An Economical Model For Dumping by Dumping in a Cournot Model
2011We consider an international trade economical model where two firms of different countries compete in quantities and can use three different strategies: (i) repeated collusion, (ii) deviation from the foreigner firm followed by punishment by the home country and then followed by repeated Cournot, or (iii) repeated deviation followed by punishment.
Banik, Nilanjan +3 more
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An Individual Evolutionary Learning Model Meets Cournot
SSRN Electronic Journal, 2023zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Arifovic, Jasmina +2 more
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On Chaos in Cournot Duopoly Model
2011 Fourth International Workshop on Chaos-Fractals Theories and Applications, 2011In this paper, we discuss the chaotic behavior in Cournot duopoly economic model. We mainly introduce the state feedback control method and the parameter feedback control method to stabilize the chaotic system. Additionally, we also display the related economic implications of the adjustment strategy.
Zhenhua Jiao, Liping Yan, Conghao Jin
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Stability of the Cournot equilibrium for a Cournot oligopoly model with n competitors
Chaos, Solitons & Fractals, 2012Abstract In this paper a Cournot-like model is constructed with an iso-elastic demand function for n competitors. The Cournot equilibrium is constructed for general constant unit costs. Finally, it is proved that for identical unit costs the Cournot point is a sink for two or three competitors and a saddle for more than four players.
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Tax Incidence and Demand Convexity in Cournot, Bertrand, and Cournot–Bertrand Models
Public Finance Review, 2016We investigate the price effect of an excise tax in a duopoly setting. Previous studies have considered the Cournot and Bertrand models but ignore the Cournot–Bertrand model in which one firm competes in output and the other firm competes in price.
Mark J. Tremblay, Victor J. Tremblay
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