Tekijä: | Amir, R. |
Otsikko: | Cournot oligopoly and the theory of supermodular games |
Lehti: | Games and Economic Behavior
1996 : AUG, VOL. 15:2, p. 132-148 |
Asiasana: | GAMES OLIGOPOLY ECONOMIC BEHAVIOUR |
Kieli: | eng |
Tiivistelmä: | The author reconsiders the Cournot oligopoly problem in light of the theory of supermodular games. Invoking the recent ordinal version of this theory proposed by Milgrom and Shannon, the author generalizes Novshek's existence result, derives the associated uniqueness result, gives an extension of a classical existence result under symmetry, and provides conditions making a Cournot oligopoly into a long-supermodular game (with the natural order on the action sets). |
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