A. Cournot
Patent licensing in a Cournot oligopoly: general results
... a Cournot oligopoly. As the Cournot oligopoly model is a useful benchmark to study various aspects of industrial economics such as differentiated products and entry and exit in markets, the results of this ...
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Cross ownership and stability in a Cournot duopoly
... Cross-ownership and stability in a Cournot duopoly Fanti, Luciano and Gori, Luca Department of Economics, University of Pisa, Department of Law and Economics "G.L.M.. Casaregi", Universi[r] ...
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Reciprocal Strategies and Aspiration Levels in a Cournot-Stackelberg Experiment
... reaction curves cross the theoretically predicted one roughly at Cournot. That, of course, means that followers are, at least partially, cooperative when leaders produce less than Cournot. But, at the same ...
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The codetermined firm in a Cournot duopoly: a stability analysis
... The codetermined firm in a Cournot duopoly: a stability analysis Fanti, Luciano and Gori, Luca Department of Economics, University of Pisa, Department of Law and Economics "G.L.M.. Casar[r] ...
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Stability in a Cournot duopoly under asymmetric unionism
... Stability in a Cournot duopoly under asymmetric unionism Fanti, Luciano and Gori, Luca Department of Economics, University of Pisa, Department of Law and Economics "G.L.M.. Casaregi", Un[r] ...
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Nonlinear dynamics in a Cournot duopoly with relative profit delegation
... a Cournot duopoly with linear or isoelastic demand functions can be destabilised, either through a flip bifurcation or Neimark-Sacker bifurcation, when the intensity of the reaction of every firm to the strategy ...
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Sequential play and cartel stability in a Cournot oligopoly
... symmetric Cournot oligopoly, provided that every firm’s profit function does not decrease too much with the other fi rms’ ...unique Cournot equilibrium is q ...
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Aggregation with Cournot competition: the Le Chatelier Samuelson principle
... a Cournot equi- librium), the aggregate expansion effect is negative and the LCS principle is valid in the aggregate Cournot ...for Cournot oligopolies does not cover this paradox because it ...
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Cournot or Stackelberg Competition? A Survey of Experimental Research
... Independently of the results of further experimental research, treating firms as economic agents with the sole objective of profit maximization seems to be problematic in the case of oligopolistic competition: if only few ...
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Cournot Oligopoly, Price Discrimination and Total Output
... The analysis of the e¤ects of third-degree price discrimination on total out- put and, therefore, on social welfare has been the focus of much theoretical research beginning at least from the pioneering work by Robinson ...
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Three Notes on Nash, Cournot and Wald Equilibria
... The observation that output and price in a Cournot industry are independent of the distribution of marginal costs has undoubtably been noted and used several times in the literature.. We[r] ...
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Optimal resource allocation in General Cournot competitive equilibrium
... industry there are n symmetric firms. Firms are relatively large in their own industries, and they have market power in their choice of output which is determined in a Cournot fashion. We assume, however, that ...
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Aggregation with Cournot competition: an empirical investigation
... a Cournot equilibrium, (4), is rejected (at the 5% threshold) for 79% of the observations, Novshek’s condition is rejected in 94% of the ...the Cournot equilibrium, is numerically satis fi ed for values of ...
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Cournot and Bertrand competition with asymmetric costs in a mixed duopoly
... choosing Cournot competition is strictly dominated by choosing Bertrand ...choosing Cournot competi- tion is strictly dominated by choosing Bertrand competition if the degree of the public firm’s ...
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Cournot Walras equilibrium as a subgame perfect equilibrium
... la Cournot-Walras of the mixed version of the Shapley’s ...la Cournot in making bids, as in the Shapley’s model, while the atomless sector behaves `a la ...A Cournot-Walras equilibrium is a ...
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Comparing Cournot and Bertrand Competition in a Unionized Mixed Duopoly
... compared Cournot and Bertrand competition in a mixed oligopoly without trade unions and without an endogenous type of ...and Cournot competition for private firms, a comparison of quantities and profits ...
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A Dynamic Cournot Model with Brownian Motion
... cause firms are slow to change their strategic variables, causing it to take time for firms to reach equilibrium. This can occur when change is costly, which forces firms into a differential oligopoly game. In cases such ...
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Managers Compensation and Collusive Behaviour under Cournot Oligopoly
... a role. When the …rm’s (organizational or technological) procedures are di¢cult to duplicate, the owner can hire a reasonably high number of managers without being afraid that they will become competitors. In this case, ...
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A nonparametric analysis of the Cournot model
... An observer makes a number of observations of an industry producing a homoge- neous good. Each observation consists of the market price, the output of individual firms and perhaps information on each firm’s production ...
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Cournot tatonnement and Nash equilibrium in binary status games
... every Cournot path, regardless of where it was started and in what order the players made their improvements, inevitably reaches a Nash equilibrium after a finite number of ...
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