Dickson, Alex; Hartley, Roger - Economics Department, University of Strathclyde - 2009
market. When the number of buyers is large, such a game approximates a game of quantity competition played by sellers. We … present examples which show that this is not typically a Cournot game. Rather, we introduce an alternative game of quantity … competition (the market share game) and, appealing to results in the literature on contests, show that this yields the same …