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 competitors' output in such a way that its market price does not rise. This condition is not related to whether goods are strateigc substitutes or co...
Main Author: | |
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Format: | workingPaper |
Language: | eng |
Published: |
2019
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Subjects: | |
Online Access: | http://hdl.handle.net/10362/83639 |
Country: | Portugal |
Oai: | oai:run.unl.pt:10362/83639 |