COMPARATIVE STATICS FOR MARKET GAMES: THE STRONG CONCAVITY CASE

Luis Corchon

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: In this paper we study the effects of a change in some exogenous variable (the number of players or a parameter in the payoff functions) on the strategies played and payoffs obtained in a Nash Equilibrium in the framework of a Market Game (a generalization of the Cournot model). We assume a strong concavity condition which implies that the best reply function of any player is decreasing on sum of the strategies of the remaining players (i.e. strategic substitution). Our results generalize and unify those known in the Cournot model.

Pages: 38 pages
Date: 1993-07
References: Add references at CitEc
Citations:

Published by Ivie

Downloads: (external link)
http://www.ivie.es/downloads/docs/wpasad/wpasad-1993-08.pdf Fisrt version / Primera version, 1993 (application/pdf)

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:ivi:wpasad:1993-08

Access Statistics for this paper

More papers in Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) Contact information at EDIRC.
Bibliographic data for series maintained by Departamento de Edición ().