INTERNATIONAL TRADE AND COURNOT EQUILIBRIUM: EXISTENCE, UNIQUENESS AND COMPARATIVE STATICS
العنوان: | INTERNATIONAL TRADE AND COURNOT EQUILIBRIUM: EXISTENCE, UNIQUENESS AND COMPARATIVE STATICS |
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المؤلفون: | David Robert Collie |
المصدر: | Bulletin of Economic Research. 44:55-66 |
بيانات النشر: | Wiley, 1992. |
سنة النشر: | 1992 |
مصطلحات موضوعية: | Oligopoly, Computer Science::Computer Science and Game Theory, Economics and Econometrics, Comparative statics, business.industry, Partial equilibrium, Economics, Uniqueness, International trade, Cournot competition, business, Mathematical economics, Profit (economics) |
الوصف: | This paper proves the existence and uniqueness of Cournot equilibrium in models of international trade under oligopoly. The existence of Cournot equilibrium is established without the usual assumption that profit functions are concave. Instead the proof uses a weaker‘aggregate concavity’condition. A simple proof is used to establish the uniqueness of the equilibrium. And, the paper considers the implications of the assumptions, used to prove the existence and uniqueness of the equilibrium, on the comparative static results. |
تدمد: | 1467-8586 0307-3378 |
الوصول الحر: | https://explore.openaire.eu/search/publication?articleId=doi_________::0342edb7fe47ebde7fa92365360fc311Test https://doi.org/10.1111/j.1467-8586.1992.tb00506.xTest |
حقوق: | OPEN |
رقم الانضمام: | edsair.doi...........0342edb7fe47ebde7fa92365360fc311 |
قاعدة البيانات: | OpenAIRE |
تدمد: | 14678586 03073378 |
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