Existence and Comparative Statics in Heterogeneous Cournot Oligopolies

Steffen Hoernig

Economics Working Papers from European University Institute

Abstract: We prove the existence of symmetric pure Cournot equilibria with heterogeneous goods under the following condition: Each firm reacts to a rise in competitor's output in such a way that its market price does not rise.

Keywords: OLIGOPOLIES; MATHEMATICAL ANALYSIS (search for similar items in EconPapers)
JEL-codes: C62 D43 L13 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2000
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Working Paper: Existence and comparative statics in heterogeneous Cournot Oligopolies (2000)
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