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. …

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

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

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 …

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

It is a very well-known result that in terms of evolutionary stability the long-run outcome of a Cournot oligopoly …. Contrary to Tanaka (1999) we show that the evolutionarily stable price in an asymmetric Cournot oligopoly needs not equal the … order to transform the game with asymmetric firms into a symmetric oligopoly game and then extend Schaffer’s definition …