Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10012130821
It is a very well-known result that in terms of evolutionary stability the long-run outcome of a Cournot oligopoly market with finitely many firms approaches the perfectly competitive Walrasian market outcome (Vega-Redondo, 1997). However, in this paper we show that an asymmetric structure in...
Persistent link: https://www.econbiz.de/10013028699