Summary. This note deals with Cournot type oligopolies in which the market clearing price occasionally may be non-unique. A Stackelberg leading producer is present. Given that setting we explore continuity properties of the followers’ reaction and provide sufficient conditions for existence of equilibrium.
A new look for Stackelberg-Cournot equilibria for oligopolistic market / Flam, S.; Mallozzi, Lina; Morgan, Jacqueline. - In: ECONOMIC THEORY. - ISSN 0938-2259. - STAMPA. - 20:(2002), pp. 183-188.
A new look for Stackelberg-Cournot equilibria for oligopolistic market
MALLOZZI, LINA;MORGAN, JACQUELINE
2002
Abstract
Summary. This note deals with Cournot type oligopolies in which the market clearing price occasionally may be non-unique. A Stackelberg leading producer is present. Given that setting we explore continuity properties of the followers’ reaction and provide sufficient conditions for existence of equilibrium.File in questo prodotto:
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