Dispersion equilibria in spatial Cournot competition

Corrado Benassi

The Annals of Regional Science, 2014, vol. 52, issue 2, 625 pages

Abstract: We consider the standard model of spatial Cournot competition and show that for dispersion equilibria to exist, (a) a necessary condition is that the distribution be not unimodal, and (b) a sufficient condition is that the distribution be convex with a unique antimode and that asymmetry is not too strong. Copyright Springer-Verlag Berlin Heidelberg 2014

Keywords: D31; D40 (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/s00168-014-0603-7

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