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Consistent Conjectural Variations Coincide with the Nash Solution in the Meta-Model

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Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 138))

Abstract

Consider an oligopoly of at least two producers of a homogeneous good with cost functions \(f_i=f_i(q_i)\), \(i=1,\dots ,n\), \(n\ge 2\), where \(q_i\ge 0\) is the supply by producer i. Consumers’ demand is described by a demand function \(G=G(p)\), whose argument p is the market price established by a cleared market.

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References

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Correspondence to José Guadalupe Flores Muñiz .

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Flores Muñiz, J.G., Kalashnykova, N., Kalashnikov, V.V., Kreinovich, V. (2021). Consistent Conjectural Variations Coincide with the Nash Solution in the Meta-Model. In: Public Interest and Private Enterprize: New Developments. Lecture Notes in Networks and Systems, vol 138. Springer, Cham. https://doi.org/10.1007/978-3-030-58349-1_3

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  • DOI: https://doi.org/10.1007/978-3-030-58349-1_3

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  • Online ISBN: 978-3-030-58349-1

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