Teaching Cournot without Derivatives

Martin Dufwenberg

No 1999:5, Research Papers in Economics from Stockholm University, Department of Economics

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

Keywords: Cournot model; teaching; first year students; derivatives; rectangle method (search for similar items in EconPapers)
JEL-codes: A22 (search for similar items in EconPapers)
Pages: 5 pages
Date: 1999-09-13
New Economics Papers: this item is included in nep-ind and nep-mic
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http://www2.ne.su.se/paper/wp99_05.pdf (application/pdf)

Related works:
Journal Article: Teaching Cournot Without Derivatives (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:sunrpe:1999_0005

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