applying social equilibrium. In an example of a duopoly water market, we argue that the lack of backward induction logic … social equilibrium in duopoly water markets with an upstream-downstream river structure and derive it in the example of a … duopoly market. …

competition known as the Cournot oligopoly model. Firms and their production are differentiated, which brings the theoretical … model closer to real market conditions. The main objective was to expand the Cournot duopoly and add another firm, resulting … operators in Slovakia was selected as a real market case with accessible data on an oligopoly with three companies and partial …

Within a simple model of homogeneous oligopoly, we show that the traditional ranking between Bertrand and Cournot …

This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders …

contrasting him to Cournot. Cournot treated economic decisions as optimization problems, but his stability analysis of duopoly led …

differentiated product duopoly with demand uncertainty. We prove that the expected consumer surplus is always higher under the supply …