A new look for Stackelberg-Cournot equilibria in oligopolistic markets

This note deals with Cournot type oligopolies in which the market clearing price occasionally may be non-unique. A Stackelberg leading producer is present. Given that setting we explore continuity properties of the followers' reaction and provide sufficient conditions for existence of equilibrium.

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Year of publication:	2002-02-20
Authors:	Morgan, Jacqueline ; Mallozzi, Lina ; Flåm, Sjur D.
Published in:	Economic Theory. - Springer. - Vol. 20.2002, 1, p. 183-188
Publisher:	Springer
Subject:	Cournot oligopoly \| Stackelberg solutions \| Nash equilibrium \| closed correspondences

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Extent:	application/pdf
Type of publication:	Article
Notes:	Received: June 20, 2000; revised version: April 24, 2001
Classification:	C72 - Noncooperative Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005371013