Existence and Comparative Statics in Heterogeneous Cournot Oligopolies
Autor(a) principal: | |
---|---|
Data de Publicação: | 2000 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/83639 |
Resumo: | 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 complements. we establish that maximum and minimum equilibrium prices are decreasing as more firms enter if competitors' outputs enter inverse demand aggregated; for non-aggregative demand prices may increase. Total quantity increases only if each firm's market price is more affected by its own output than competitors' outputs. |
id |
RCAP_4370846a8f75c0e99bb1b0001c4897a3 |
---|---|
oai_identifier_str |
oai:run.unl.pt:10362/83639 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
Existence and Comparative Statics in Heterogeneous Cournot OligopoliesCournot oligopolyProduct differentiationEntryComparative staticsSingle-crossing conditionWe 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 complements. we establish that maximum and minimum equilibrium prices are decreasing as more firms enter if competitors' outputs enter inverse demand aggregated; for non-aggregative demand prices may increase. Total quantity increases only if each firm's market price is more affected by its own output than competitors' outputs.Nova SBERUNHoernig, Steffen2019-10-08T10:00:56Z2000-022000-02-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/83639engHoernig, Steffen, Existence and Comparative Statics in Heterogeneous Cournot Oligopolies (February, 2000). FEUNL Working Paper Series No. 388info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:37:19Zoai:run.unl.pt:10362/83639Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:36:22.230843Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Existence and Comparative Statics in Heterogeneous Cournot Oligopolies |
title |
Existence and Comparative Statics in Heterogeneous Cournot Oligopolies |
spellingShingle |
Existence and Comparative Statics in Heterogeneous Cournot Oligopolies Hoernig, Steffen Cournot oligopoly Product differentiation Entry Comparative statics Single-crossing condition |
title_short |
Existence and Comparative Statics in Heterogeneous Cournot Oligopolies |
title_full |
Existence and Comparative Statics in Heterogeneous Cournot Oligopolies |
title_fullStr |
Existence and Comparative Statics in Heterogeneous Cournot Oligopolies |
title_full_unstemmed |
Existence and Comparative Statics in Heterogeneous Cournot Oligopolies |
title_sort |
Existence and Comparative Statics in Heterogeneous Cournot Oligopolies |
author |
Hoernig, Steffen |
author_facet |
Hoernig, Steffen |
author_role |
author |
dc.contributor.none.fl_str_mv |
RUN |
dc.contributor.author.fl_str_mv |
Hoernig, Steffen |
dc.subject.por.fl_str_mv |
Cournot oligopoly Product differentiation Entry Comparative statics Single-crossing condition |
topic |
Cournot oligopoly Product differentiation Entry Comparative statics Single-crossing condition |
description |
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 complements. we establish that maximum and minimum equilibrium prices are decreasing as more firms enter if competitors' outputs enter inverse demand aggregated; for non-aggregative demand prices may increase. Total quantity increases only if each firm's market price is more affected by its own output than competitors' outputs. |
publishDate |
2000 |
dc.date.none.fl_str_mv |
2000-02 2000-02-01T00:00:00Z 2019-10-08T10:00:56Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/83639 |
url |
http://hdl.handle.net/10362/83639 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Hoernig, Steffen, Existence and Comparative Statics in Heterogeneous Cournot Oligopolies (February, 2000). FEUNL Working Paper Series No. 388 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Nova SBE |
publisher.none.fl_str_mv |
Nova SBE |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
_version_ |
1799137982360322048 |