Results 21 to 30 of about 2,832 (228)
This paper reconsiders Bertrand duopoly and oligopoly in the spatial formulation due to Hotelling, 1929. The equilibrium configurations of price and location structure are considered, given elastic demand, and a full dynamics is formulated in order to ...
Tönu Puu
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Stability properties of a Cournot-type oligopoly model with time delay
The paper studies a Cournot game involving n private firms, where the firms’ interactions are analyzed in a discrete-time setting with time delay. The past production levels of other private firms have an impact on the production levels of each private ...
Culda Loredana Camelia
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Cournot Oligopoly With Uncertain Entry [PDF]
The study of oligopoly has progressed along two lines. The first deals with the behaviour of a firm viewing existing rivals as responsive to its actions. The critical assumption in this analysis is the firm's conjecture about rivals' reactions to its price or quantity decisions.
Morton I. Kamien, Nancy L. Schwartz
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Optimal Taxation with Cournot Oligopoly [PDF]
Abstract This paper studies optimal linear taxation in a general equilibrium model with Cournot oligopoly. The main result is the following. With imperfect competition the tendency toward "inverse elasticities" tax rules will be weakened and may even be reversed.
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A variational principle, coupled fixed points and market equilibrium
We present a possible kind of generalization of the notion of ordered pairs of cyclic maps and coupled fixed points and its application in modelling of equilibrium in oligopoly markets.
Stanimir Kabaivanov, Boyan Zlatanov
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A Dynamic Model of Cournot Competition for an Oligopolistic Market
This paper studies firms’ dynamic interaction in a Cournot market. In each period of the game, the firm decides whether to make a stochastic positioning investment (establishing or maintaining its position in market competition).
Zeng Lian, Jie Zheng
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The Chaos Dynamic of Multiproduct Cournot Duopoly Game with Managerial Delegation
Although oligopoly theory is generally concerned with the single-product firm, what is true in the real word is that most of the firms offer multiproducts rather than single products in order to obtain cost-saving advantages, cater for the diversity of ...
Fang Wu, Junhai Ma
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Rationalizability and efficiency in an asymmetric Cournot oligopoly [PDF]
This paper studies rationalizability in a linear asymmetric Cournot oligopoly with a unique Nash equilibrium. It shows that mergers favor uniqueness of the rationalizable outcome. When one requires uniqueness of the rationalizable outcome maximization of consumers' surplus may involve a symmetric oligopoly with few firms. We interpret uniqueness of the
Desgranges, Gabriel, Gauthier, Stéphane
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Differential Game-Theoretic Models of Cournot Oligopoly with Consideration of the Green Effect
We built and investigated analytically and numerically a differential game model of Cournot oligopoly with consideration of pollution for the general case and the case of symmetrical agents. We conducted a comparative analysis of selfish agents’ behavior
Guennady Ougolnitsky, Anatoly Usov
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Rational expectations and the Cournot-Theocharis problem
In dynamic models in economics, often “rational expectations” are assumed. These are meant to show that the agents can correctly foresee the result of their own and the other agents' actions. In this paper, it is shown that this cannot happen in a simple
Tönu Puu
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