|
|||||
|
|
A new look for Stackelberg-Cournot equilibria in oligopolistic markets |
|
| Authors: | Sjur D Flåm Lina Mallozzi Jacqueline Morgan |
| Institution: | (1) Department of Economics, University of Bergen 5007, NORWAY (e-mail: Sjur.Flaam@econ.uib.no) , NO;(2) Dipartimento di Matematica e Applicazioni, Università di Napoli Federico II, V. Claudio, 21, 80125 Napoli, ITALY (e-mail: mallozzi@unina.it) , IT;(3) Dipartimento di Matematica e Statistica, Università di Napoli Federico II, V. Cintia, 80126 Napoli, ITALY (e-mail: morgan@unina.it) , IT |
| Abstract: | Summary. This note deals with Cournot type oligopolies in which the market clearing price occasionally may be non-unique. A Stackelberg leading producer is present. Given that setting we explore continuity properties of the followers' reaction and provide sufficient conditions for existence of equilibrium. Received: June 20, 2000; revised version: April 24, 2001 |
| Keywords: | and Phrases: Cournot oligopoly Stackelberg solutions Nash equilibrium closed correspondences |
| 本文献已被 SpringerLink 等数据库收录！ | |