Teaching Cournot Without Derivatives

Martin Dufwenberg

The Journal of Economic Education, 2001, vol. 32, issue 1, 36-40

Abstract: The author presents a simple technique for teaching the Cournot model to first-year students. The approach involves demonstrating to the students that out of all rectangles with a common perimeter, the square has the greatest area. No use is made of derivatives. The same approach can be used to understand some other market forms.

Date: 2001
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Working Paper: Teaching Cournot without Derivatives (1999)
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DOI: 10.1080/00220480109595168

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