Cover Image

COURNOT OLIGOPOLY WITH "ALMOST" IDENTICAL CONVEX COSTS

M. McManus has shown that a Cournot equilibrium among identical quantity-setting firms with a convex cost function always exists, whatever the inverse demand function. Here the result is extended in two directions: Firstly, the firms may differ in their production capacity. Secondly, the theorem remains valid for a discrete version of the Cournot model where all the outputs are integers.
Year of publication:
1993-07
Authors: Kukushkin, Nikolai S.
Institutions: Instituto Valenciano de Investigaciones Económicas (IVIE)
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
Published by Ivie 50 pages
Source:
Persistent link: https://www.econbiz.de/10004972958
Similar items by person