A Note on the Equivalence of the Conjectural Variations Solution and the Coefficient of Cooperation

Marc Escrihuela-Villar ()

The B.E. Journal of Theoretical Economics, 2015, vol. 15, issue 2, 473-480

Abstract: This note shows that in a general symmetric quantity-setting oligopoly, the conjectural variations solution replicates that of a model where the “coefficient of cooperation” defined by Cyert and DeGroot (1973) is interpreted as the parameter indicating severity of competition.

Keywords: conjectural variations; oligopoly; relative profit (search for similar items in EconPapers)
JEL-codes: C72 L13 L41 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
https://doi.org/10.1515/bejte-2014-0094 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:bejtec:v:15:y:2015:i:2:p:473-480:n:13

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/bejte/html

DOI: 10.1515/bejte-2014-0094

Access Statistics for this article

The B.E. Journal of Theoretical Economics is currently edited by Burkhard C. Schipper

More articles in The B.E. Journal of Theoretical Economics from De Gruyter
Bibliographic data for series maintained by Peter Golla ().