Cournot conjectures under price competition
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DOI: 10.1111/ijet.12159
Abstract: In a homogeneous oligopoly, under standard regularity conditions, we prove that the Cournot–Nash equilibrium emerges under price competition and Cournot conjectures. We illustrate this result also under exogenous product differentiation. read more here.
Keywords: cournot; price competition; cournot conjectures; competition cournot ... See more keywords