Bertoletti, Paolo; Von Mouche, Pierre - Dipartimento di Scienze Economiche e Aziendali, … - 2012
We reconsider the recent work by [Oku10] on (possibly asymmetric) Cournotian firms with two production factors, one of them being inferior. It is shown there that an increase in the price of the inferior factor does raise equilibrium industry output. In addition of providing a simpler and more...