Showing 1 - 10 of 28
This paper retakes previous work of the authors, about the relationship between non-quasi-competitiveness (the increase in price caused by an increase in the number of oligopolists) and stability of the equilibrium in the classical Cournot oligopoly model. Though it has been widely accepted in...
Persistent link: https://www.econbiz.de/10014031046
It is widely accepted in the literature about the classical Cournot oligopoly model that the loss of quasi–competitiveness is linked, in the long run as new firms enter the market, to instability of the equilibrium. In this paper, though, we present a model in which a stable unique symmetric...
Persistent link: https://www.econbiz.de/10005772263
This paper presents a classical Cournot oligopoly model with some peculiar features: it is non--quasi--competitive as price under N-poly is greater than monopoly price; Cournot equilibrium exists and is unique with each new entry; the successive equilibria after new entries are stable under the...
Persistent link: https://www.econbiz.de/10005772199
Persistent link: https://www.econbiz.de/10000168509
This paper presents a classical Cournot oligopoly model with some peculiar features: it is non-quasi-competitive as price under N-poly is greater than monopoly price; Cournot equilibrium exists and is unique with each new entry; the successive equilibria after new entries are stable under the...
Persistent link: https://www.econbiz.de/10014197571
Des del principi dels temps històrics, la Matemàtica s'ha generat en totes les civilitzacions sobre la base de la resolució de problemes pràctics.Tanmateix, a partir del període grec la Història ens mostra la necessitat de fer un pas més endavant: l'evolució històrica de la Matemàtica...
Persistent link: https://www.econbiz.de/10005572631
Alfréd Rényi, in a paper of 1962, A new approach to the theory of Engel's series, proposed a problem related to the growth of the elements of an Engel's series. In this paper, we reformulate and solve Rényi's problem for both, Engel's series and Pierce expansions.
Persistent link: https://www.econbiz.de/10005572610
The well--known Minkowski's? $(x)$ function is presented as the asymptotic distribution function of an enumeration of the rationals in (0,1] based on their continued fraction representation. Besides, the singularity of ?$(x)$ is clearly proved in two ways: by exhibiting a set of measure one in...
Persistent link: https://www.econbiz.de/10005771972
A `next' operator, s, is built on the set R1=(0,1]-{ 1-1/e} defining a partial order that, with the help of the axiom of choice, can be extended to a total order in R1. Besides, the orbits {sn(a)}n are all dense in R1 and are constituted by elements of the same arithmetical character: if a is an...
Persistent link: https://www.econbiz.de/10005772017
In this article two aims are pursued: on the one hand, to present a rapidly converging algorithm for the approximation of square roots; on the other hand and based on the previous algorithm, to find the Pierce expansions of a certain class of quadratic irrationals as an alternative way to the...
Persistent link: https://www.econbiz.de/10005772271