Teaching Cournot without Derivatives

The author presents a simple technique for teaching the Cournot model to first-year students. The approach involves demonstrating to the students that out of all rectangles with a common perimeter, the square has the greatest area. No use is made of derivatives. The same approach can be used to understand some other market forms.

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Year of publication:	2001
Authors:	Dufwenberg, Martin
Published in:	Journal of Economic Education. - Helen Dwight Reid Foundation, ISSN 0022-0485. - Vol. 32.2001, 1, p. 36-40
Publisher:	Helen Dwight Reid Foundation
Subject:	Cournot model \| derivatives \| first-year students \| rectangle method \| teaching

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Extent:	application/pdf
Type of publication:	Article
Classification:	A22 - Undergraduate
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005405196