JULIEN, Ludovic Alexandre - In: Economics Bulletin 4 (2007) 44, pp. 1-6
In this paper, we introduce the concept of conjectural variations across sectors called "external conjectural … Cournot equilibrium when the conjectural variations are zero. Second, the symmetric oligopoly equilibrium coincides with the … competitive equilibrium when the conjectural variations take the value of the competitive market equilibrium price. Third, the …