Cournot Oligopoly: Characterization and Applications by Andrew F. Daughety

By Andrew F. Daughety

Celebrating the one hundred and fiftieth anniversary of Cournot's paintings, which Mark Blaug has characterised as "..a publication that for sheer originality and boldness of notion has no equivalent within the historical past of economics thought," this quantity makes a speciality of the houses and makes use of of Cournot's version of pageant one of the few. whereas there are lots of matters that Cournot explored in researches into the mathematical rules of the speculation of wealth, the subject that he's so much with ease linked with--and which now could be additionally having fun with a revival--is his version of oligopolistic interplay between agencies. This revivial of curiosity in Cournot's version is due mostly to elevated emphasis through economists on taking pictures parts of imperfect pageant and strategic habit.

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And L. Samuelson, "Subgame Perfect Equilibrium with Continuous Reaction Functions," Working Paper, Department of Economics, University of North Carolina, 1988. , "Monopoly-Polypoly - The Concept of Force in the Economy," trans. W. Beckerman, reprinted in International Economic Papers 1,1951, pp. 2336; originally published as "Monopole-Polypole - La notion de force dans Peconomie," in Festschrift til Harald Westergaard, Supplement to National0konomisk Tidsskrift, 1933. Fry, C. L. and R. B. , "Cournot's Demand Theory: A Reassessment," History of Political Economy 3, 1971, pp.

Expectations and Stability in Oligopoly Models, Springer-Verlag, Berlin, 1976. , "Uncertainty Resolution, Private Information Aggregation and the Cournot Competitive Limit," Review of Economic Studies 52, 1, 1985, pp. 69-83. Pearce, D. , "Rationalizable Strategic Behavior and the Problem of Perfection," Econometrica 52, 4, 1984, pp. 1029-50. , "Oligopoly and Consistent Conjectural Variations," Bell Journal of Economics, 13, 1, 1982, pp. 197-205. Perry, M. and R. Porter, "Oligopoly and the Incentive for Horizontal Merger," American Economic Review 75, 1, 1985, pp.

Levine, "The Stability of the Cournot Oligopoly Model: A Reassessment," Journal of Economic Theory 35, 2, 1985, 307-21. , "Some Examples of Dynamic Cournot Duopoly with Inventory," Rand Journal of Economics 16 (Winter, 1985), 569-78. , "Sunk Capacity Costs, Long-Run Fixed Costs, and Entry Deterrence under Complete and Incomplete Information," Rand Journal of Economics 17, 1, 1986, 105-21. Aspremont, C. d' and L. Gerard-Valet, "Stackelberg Solvable Games and Preplay Communication," Journal of Economic Theory, 23, 2, 1980, 201-17.

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