Showing 1 - 2 of 2
We consider Cournot's model of oligopolistic competition in a market for a homogeneous good. We seek conditions under which the oligopolists' game is dominance solvable and hence the Cournot equilibrium is the only outcome that survives iterated deletion of dominated strategies. We focus on...
Persistent link: https://www.econbiz.de/10009195087
Persistent link: https://www.econbiz.de/10008223794