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On a Discontinuous Cournot Oligopoly

open access: yesOn a Discontinuous Cournot Oligopoly
application/pdf A modified Cournot oligopoly is introduced and examined in which the firms can treat their wastes up to a certain amount, and if the amount of waste is even higher, then an outside facility is used with a given fixed cost and higher unit cost. The resulting payoff functions become discontinuous.
openaire  

Trial & Error to Collusion - The Discrete Case [PDF]

open access: yes
In this note we study a very simple trial & error learning process in the context of a Cournot oligopoly. Without any knowledge of the payoff functions players increase, respectively decrease, their quantity by one unit as long as this leads to higher ...
Hans-Theo Normann   +2 more
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Mixed oligopoly with consumer-friendly public firms

open access: yes
We consider a mixed oligopoly with a public firm that maximizes the sum of its own profits and consumers' surplus. We characterize the unique pure strategy equilibrium and show that as long as the cost function is not ``too concave'', privatization ...
Roy Chowdhury, Prabal
core  

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