Teaching Cournot without Derivatives

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.

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Year of publication:	1999-09-13
Authors:	Dufwenberg, Martin
Institutions:	Nationalekonomiska institutionen, Stockholms Universitet
Subject:	Cournot model \| teaching \| first year students \| derivatives \| rectangle method

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Extent:	application/pdf
Series:	Research Papers in Economics.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series Research Papers in Economics Number 1999:5 5 pages
Classification:	A22 - Undergraduate
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005645471