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Although Cournot's mathematical economics was generally neglected until the mid- 1870s, he was taken up and carefully studied by the Scientific Club of Cambridge, Massachusetts even before his "discovery" by Walras and Jevons. The episode is reconstructed from fragmentary manuscripts of the...
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mechanism of this coordination is valuable for economic thinking and economic theory. However, the implications of the perfect … distinguishable types. This contribution explains absolute market power (single-firm monopoly and dominance), collective market power … original economic theory of contestability defines very strict conditions for perfectly contestable markets, antitrust has …
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to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent … independent of the particular duopoly game played ex post. We apply this condition to three canonical examples procurement …
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processes damaging workers' health and the local environment where workers live). Under monopoly, it is shown that network … qualitatively confirmed also under different union's preferences, Government’s environmental standard and Cournot duopoly, and thus …
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