Profit maximisation and alternatives in oligopolies

This paper analyses oligopolies using the Cournot/Stackelberg framework, but allowing some firms to be pursueing aims other than profit maximisation. The existence of even a single output maximising firm can have dramatic effects on outputs, prices and welfare, even if such a firms faces additional costs.

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Year of publication:	2004-09-14
Authors:	Klemm, Alexander
Institutions:	EconWPA
Subject:	profit maximisation \| oligopoly \| non-profit organisations

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Extent:	application/pdf
Series:	Industrial Organization.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 21 21 pages
Classification:	L13 - Oligopoly and Other Imperfect Markets ; L21 - Business Objectives of the Firm ; L31 - Nonprofit Institutions ; D43 - Oligopoly and Other Forms of Market Imperfection
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005134543