YAN, XIAOMING; WANG, YONG - In: Asia-Pacific Journal of Operational Research (APJOR) 30 (2013) 04, pp. 1350007-1
We look at a Cournot model in which each firm may be unreliable with random capacity, so the total quantity brought into market is uncertain. The Cournot model has a unique pure strategy Nash equilibrium (NE), in which the number of active firms is determined by each firm's production cost and...