Existence and Comparative Statics in Heterogeneous Cournot Oligopolies.

We prove the existence of symmetric pure Cournot equilibria with heterogeneous goods under the following condition: Each firm reacts to a rise in competitor's output in such a way that its market price does not rise.

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Year of publication:	2000
Authors:	Hoernig, S.
Institutions:	Department of Economics, European University Institute
Subject:	OLIGOPOLIES \| MATHEMATICAL ANALYSIS

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Series:	Economics Working Papers.
Type of publication:	Book / Working Paper
Notes:	39 pages
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; D43 - Oligopoly and Other Forms of Market Imperfection ; L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005697649