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Cournot conjectures under price competition

Flavio Delbono and Luca Lambertini ()

International Journal of Economic Theory, 2018, vol. 14, issue 4, 295-301

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.

Date: 2018
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https://doi.org/10.1111/ijet.12159

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Persistent link: https://EconPapers.repec.org/RePEc:bla:ijethy:v:14:y:2018:i:4:p:295-301

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