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On the Works of Professor Koji Okuguchi

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Equilibrium Theory for Cournot Oligopolies and Related Games

Part of the book series: Springer Series in Game Theory ((SSGT))

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Abstract

This chapter briefly explains life and works of Professor Koji Okuguchi. This chapter also contains a list of his selected publications.

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Notes

  1. 1.

    For life and works of Cournot, see the article of Haagsma in this book.

Selected Publications of Koji Okuguchi

  • Okuguchi K (1964) The stability of the Cournot oligopoly solution: a further generalization. Rev Econ Stud 31(2):143–146

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  • Okuguchi K (1966) On adaptive expectations and Cobweb phenomena. Zeitschrift für Nationalökonomie/J Econ 26:470–472

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  • Okuguchi K (1968) The labour participation ratio and the speed of adjustment. Economica 35:445–450

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  • Okuguchi K (1968) Taxation and portfolio choice. Kikan Rironkeizaigaku (Econ Stud Q, Journal of former Japan Association of Theoretical Economics, now renamed Japanese Economic Association) 19(3):58–62

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  • Okuguchi K (1969) On the stability of price adjusting oligopoly equilibrium under product differentiation. South Econ J 35(3):244–246

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  • Okuguchi K (1969) The stability of the balanced growth path under factor-augmenting technical progress. Can J Econ/Revue canadienne d’Economique 2(1):135–137

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  • Okuguchi K (1970) Adaptive expectations in an oligopoly model. Rev Econ Stud 37(2):233–237

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  • Okuguchi K, Suzumura K (1971) Uniqueness of the Cournot oligopoly equilibrium. Econ Stud Q 22(1):81–83

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  • Okuguchi K (1971) The stability of the Stackelberg duopoly solutions: extensions of Kamerschen-Smith’s results. Econ Stud Q 22(3):50–53

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  • Okuguchi K (1971) Theory of oligopoly. Sobunsha, Tokyo (In Japanese)

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  • Negishi, T., Okuguchi, K., (1972) A model of duopoly with Stackelberg equilibrium. Zeitschrift für Nationalökonomie/J Econ 32(2):153–162. Reprinted in Collected essays of Takashi Negishi, vol 1 (1994) General Equilibrium Theory. Elgar, Aldershot, pp 116–25

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  • Okuguchi K (1972) A note on ‘Inferior’ input in production. Swed J Econ 74(3):398–399

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  • Okuguchi K (1972) A dynamic model of firm entry: comment. Rev Econ Stud 39(4):521–522

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  • Okuguchi K (1973) Quasi-competitiveness and cournot oligopoly. Rev Econ Stud 40(1):145–148

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  • Okuguchi K (1973) Magnification effect in a two-good model with intermediate inputs. Zeitschrift für Nationalökonomie/J Econ 33(3):413–418

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  • Okuguchi K (1974) Global stability of a dynamic pigovian policy. Econ Stud Q 25(2):59–60

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  • Okuguchi K (1974) Input choices under rate of return regulation. Keizai Kenkyu (Econ Rev, Journal of Institute of Economics, Hitotsubashi University) 25(3):272–275

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  • Okuguchi K (1975) A model of oligopoly with unknown demand function and adaptive expectations. Econ Stud Q 26(1):59–63

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  • Okuguchi K (1975) The implications of regulation for induced technical change: comment. Bell J Econ 6(2):703–705

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  • Okuguchi K (1975) Power-positive matrices and global stability of competitive equilibrium. Keio Econ Stud 12(1):37–40

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  • Okuguchi K (1976) Natural equilibrium in the Bush-Mayer model of anarchy: a dynamic analysis. Public Choice 26(1):129–134

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  • Okuguchi K (1976) Further note on matrices with Quasi-Dominant diagonals. Econ Stud Q 27(2):151–154

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  • Okuguchi K (1976) Product price change and intersectoral re-allocation of specific factors. Econ Rec 52(4):497–504

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  • Okuguchi K (1976) Expectations and stability in Oligopoly models. Springer, Berlin/Heidelberg

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  • Kemp MC, Kimura Y, Okuguchi K (1977) Monotonicity properties of a dynamical version of the Heckscher-Ohlin model of production. Econ Stud Q 28(3):249–253

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  • Okuguchi K (1977) Mathematical foundations for economic analysis. Kogakusha-McGraw-Hill, Tokyo (In Japanese)

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  • Okuguchi K (1977) Input price uncertainty and the theory of the firm. Econ Stud Q 28(1):25–30

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  • Okuguchi K (1977) Trade, savings and a nontraded good. J Int Econ 7(4):379–383

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  • Okuguchi K (1977) Factor specificity and the Rybczinski theorem. In: Sato R (ed) Resource allocation and division of space. Springer, Berlin/Heidelberg, pp 83–94

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  • Okuguchi K (1978) The stability of price adjusting oligopoly with conjectural variations. Zeitschrift für Nationalökonomie/J Econ 38(1):55–60

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  • Okuguchi K (1978) Matrices with dominant diagonal blocks and economic theory. J Math Econ 5(1):43–52

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  • Okuguchi K (1978) On the global stability of the Morishima system. Keio Econ Stud 15(2):69–72

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  • Okuguchi K (1978) A note on systems of simultaneous linear difference equations. Nav Res Logist Q 25(4):727–728

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  • Hadjimichalakis MG, Okuguchi K (1979) The stability of a generalized Tobin model. Rev Econ Stud 46(1):175–178

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  • Kemp MC, Okuguchi K (1979) Optimal policies for exhaustible resources in open economies. Zeitschrift für die gesamte Staatswissenschaft/J Inst Theor Econ 135(2):207–215

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  • Okuguchi K (1979) Monopoly, intermediate goods and the pure theory of international trade. Zeitschrift für Nationalökonomie/J Econ 39(1–2):119–130

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  • Okuguchi K (1979) Technical progress, population growth and intergenerational equity in a model with many exhaustible and renewable resources. Econ Lett 3(1):57–60

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  • Okuguchi K (1979) On the stability of the Stackelberg oligopoly equilibrium. Econ Lett 3(4):321–325

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  • Kemp MC, Okuguchi K (1980) Exhaustible resource and optimal consumption in an open economy. Econ Stud Q 31(1):79–83

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  • Okuguchi K (1980) Stability of equilibrium in a factor market distortion. Econ Stud Q 31(2):156–158

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  • Okuguchi K (1980) Exhaustible resources and savings rule for intergenerational equity. Zeitschrift für die gesamte Staatswissenschaft/J Inst Theor Econ 136(4):673–677

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  • Kemp MC, Long NV, Okuguchi K (1981) On the possibility of deriving conclusions of Stolper-Samuelson type when commodity prices are random. Econ Stud Q 32(2):111–116

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  • Okuguchi K (1981) Stability of the arms race models. Zeitschrift für Nationalökonomie/J Econ 41(3–4):353–360

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  • Okuguchi K (1981) Population growth, costly innovation and modified Hartwick’s rule. Int Econ Rev 22(3):657–661

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  • Okuguchi K (1981) Joint production and specific factor: a dynamic analysis. Econ Stud Q 32(3):267–271

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  • Okuguchi K (1981) Innovation and intergenerational equity in a model with many exhaustible and renewable resources. Econ Stud Q 32(3):272–275

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  • Okuguchi K (1981) A Dynamic Cournot-Nash equilibrium in fishery: the effects of entry. Rivista di matematica per le scienze economiche e sociali 4(2):59–64

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  • Chiarella C, Okuguchi K (1982) Comparison of optimal, intergenerational equity and hartwick savings rule dynamic paths in a growth model with exhaustible resources. Zeitschrift für die gesamte Staatswissenschaft/J Inst Theor Econ 138(4):711–721

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  • Okuguchi K (1982) Global stability of a generalized morishima system. Keio Econ Stud 19(1):101–104

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  • Okuguchi K (1983) Equilibria in an industry with a cartel and a competitive fringe. Econ Stud Q 34(1):38–43

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  • Okuguchi K (1983) The Cournot oligopoly and competitive equilibria as solutions to non-linear complementarity problems. Econ Lett 12(2):127–133

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  • Chiarella C, Kemp MC, Long NV, Okuguchi K (1984) On the economics of international fisheries. Int Econ Rev 25(1):145–148; Also in Kemp MC, Long NV (eds) Essays in the economics of exhaustible resources. North-Holland, Amsterdam, pp 189–198

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  • Okuguchi K (1984) Utility function, group size, and the aggregate provision of a pure public good. Public Choice 42(3):247–255

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  • Okuguchi K (1984) Commercial fishing with predator-prey interaction. Keio Econ Stud 21(2):37–44

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  • Chiarella C, Okuguchi K (1985) The Cournot-Nash and cooperative solutions in the harvesting of a fish stock. Rivista di matematica per le scienze economiche e sociali 8(2):93–101

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  • Okuguchi K (1985) Nash-Cournot equilibrium for an industry with oligopoly and a competitive fringe. Keio Econ Stud 22:51–56

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  • Okuguchi K (1986) Labor-managed Bertrand and Cournot oligopolies. Zeitschrift für Nationalökonomie/J Econ 46(2):115–122

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  • Szidarovszky F, Okuguchi K (1986) Linear and nonlinear oligopoly models. In: Prekopa A et al. (eds) System modelling and optimization. Springer, Berlin/Heidelberg, pp 949–956

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  • Fluck Z, Okuguchi K, Szidarovszky F (1987) Contribution to oligopoly theory: the case of uncertain collusions. Keio Econ Stud 24(1):13–23

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  • Okuguchi K (1987) Equilibrium prices in the bertrand and Cournot oligopolies. J Econ Theory 42(1):128–139. (Appeared earlier as, Discussion Paper, Sonderforschungsbereich 21, Universität Bonn, 1985)

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  • Okuguchi K, Szidarovszky F (1987) Stability of the linear Cournot oligopoly with multi-product firms. Econ Stud Q 38(2):184–187

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  • Okuguchi K, Szidarovszky F (1987) On a nonlinear input-output system. Math Soc Sci 13(3):277–281

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  • Szidarovszky F, Okuguchi K (1987) Notes on the stability of quadratic games. Keio Econ Stud 24(2):33–45

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  • Okuguchi K, Szidarovszky F (1988) Dynamics of the Cournot oligopoly with multi-product firms. Math Soc Sci 16(2):159–169

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  • Szidarovszky F, Okuguchi K (1988) A note on global asymptotic stability of non-linear difference equations. Econ Lett 26(4):349–352

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  • Szidarovszky F, Okuguchi K (1988) A linear oligopoly model with adaptive expectations: stability reconsidered. Zeitschrift für Nationalökonomie/J Econ 48(1):79–82

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  • Okuguchi K (1989) The Bertrand and Cournot equilibria for international duopoly with multimarkets. Int Econ J 3(4):61–68

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  • Okuguchi K, Szidarovszky F (1989) An adaptive model of oligopoly with multi-product firms. Econ Stud Q 40(1):48–52

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  • Szidarovsky F, Okuguchi K (1989) A non-differentiable input-output model. Math Soc Sci 18(2):187–190

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  • Okuguchi K (1990) Cournot duopoly with several markets. Reg Sci Urban Econ 20(3):305–311

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  • Okuguchi K (1990) Transport cost in Cournot duopoly with several markets. Stud Reg Sci (the Japan Section of the Regional Science Association International) 20(2):95–105

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  • Okuguchi K, Irie K (1990) The Schur and Samuelson conditions for a cubic equation. Manch Sch 58(4):414–418. Reprinted in Wood JC, McLure M (eds) (2005) Paul A. Samuelson: critical assessments of contemporary economists, Second series. Routledge, London, pp 169–173

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  • Okuguchi K, Szidarovszky F (1990) The theory of oligopoly with multi-product firms. Springer, Berlin/Heidelberg (Translated into Persian)

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  • Okuguchi K, Szidarovszky F (1990) Global asymptotic stability of nonlinear difference equations with non-differentiable functions. Econ Lett 33(4):333–338

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  • Szidarovszky F, Okuguchi K (1990) Dynamic oligopoly: models with incomplete information. Appl Math Comput 38(2):161–177

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  • Okuguchi K (1991) Labor-managed and capitalistic firms in international duopoly: the effects of export subsidy. J Comp Econ 15(3):476–484

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  • Okuguchi K, Szidarovszky F (1991) Entry in Bertrand and Cournot oligopolies with product differentiation. Keio Econ Stud 28(1):43–49

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  • Okuguchi K (1992) Labor-managed Cournot oligopoly with product differentiation. Zeitschrift für Nationalökonomie/J Econ 56(2):197–208

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  • Okuguchi K (1993) Cournot oligopoly with profit-maximizing and labor-managed firms. Keio Econ Stud 30(1):27–38

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  • Okuguchi K (1993) Follower’s advantage in labor-managed duopoly. Keio Econ Stud 30(2):1–5

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  • Okuguchi K (1993) Trade policy for international duopoly with product differentiation. In: Herberg H, Long NV (eds) Trade, welfare, and economic policies: essays in honor of Murray C. Kemp. University of Michigan Press, Ann Arbor

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  • Okuguchi K (1993) Unified approach to Cournot models: oligopoly, taxation and aggregate provision of a pure public good. Eur J Pol Econ 9(2):233–245

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  • Okuguchi K (1993) Comparative statics for international duopoly with profit-maximizing and labor-managed firms. J Int Comp Econ 2:65–75

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  • Okuguchi K (1993) Labor-managed firms under imperfect competition (and related problems): introduction. Manag Decis Econ 14(5):379–381. Guest edited by Okuguchi K

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  • Okuguchi K (1993) Comparative statics for profit-maximizing and labor-managed Cournot oligopolies. Manag Decis Econ 14(5):433–444

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  • Okuguchi K (1994) Indirect taxation in profit-maximizing and labor-managed Cournot oligopolies. J Int Comp Econ 3:101–113

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  • Okuguchi K, Yamazaki T (1994) Bertrand and hierarchical Stackelberg oligopolies with product differentiation. Keio Econ Stud 31(1):75–80

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  • Okuguchi K, Yamazaki T (1994) Ad valorem and specific taxes, and optimal Pigouvian tax within Cournot Oligopoly. Keio Econ Stud 31(2):25–32

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  • Okuguchi K, Yamazaki T (1994) General analysis of horizontal merger. Seoul J Econ 7(3):279–290

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  • Okuguchi K (1995) Effects of tariff on international mixed duopoly with several markets. CES working paper number 93, Universität München

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  • Okuguchi K (1995) Decreasing returns and existence of nash equilibrium in rent-seeking games. Working paper, Department of Economics, Nanzan University, Nagoya, Japan

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  • Okuguchi K (1996) Dynamic analysis of Cournot oligopoly with workers’ enterprises. In: Sertel M (ed) Workers’ enterprises – alternative in privatization. North-Holland, Amsterdam, pp 57–70

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  • Okuguchi K, Serizawa N (1996) Effects of trade policy for international duopoly. Keio Econ Stud 33(2):13–22

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  • Okuguchi K, Yamazaki T (1996) Two-stage Cournot oligopolies with industry-wide externalities. Seoul J Econ 9(1):1–16

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  • Chiarella C, Okuguchi K (1997) A dynamic analysis of Cournot duopoly in imperfectly competitive product and factor markets. Keio Econ Stud 34(1):21–33

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  • Szidarovszky F, Okuguchi K (1997) On the existence and uniqueness of pure Nash equilibrium in rent-seeking games. Games Econ Behav 18(1):135–140. Reprinted in Walker DA (ed) (2000) Some recent types of equilibrium models. Elgar, Cheltenham/Northampton, pp 512–17. Reprinted also in Congleton RD, Hillman AL, Konrad KA (eds) 40 years of research on rent seeking, vol 1, 2008. Springer, Berlin/Heidelberg, pp 271–276

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  • Okuguchi K (1998) Long-run fish stock and imperfectly competitive international commercial fishing. Keio Econ Stud 35(1):9–17

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  • Okuguchi K (1998) Existence of equililbrium for Cournot oligopoly-oligopsony. Keio Econ Stud 35(2):45–53

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  • Okuguchi K, Serizawa N (1998) Cournot vs Stackelberg: the case of labor-managed duopoly. Keio Econ Stud 35(2):37–43

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  • Szidarovszky F, Okuguchi K (1998) An oligopoly model of commercial fishing. Seoul J Econ 11(3):321–330

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  • Okuguchi K (1999) Cournot and Stackelberg duopolies revisited. Jpn Econ Rev (former Economic Studies Quarterly) 50(3):363–367

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  • Okuguchi K, Szidarovszky F (1999) The theory of oligopoly with multi-product firms, 2nd edn. Springer, Heidelberg/New York

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  • Okuguchi K (2000) Comparative statics for oligopoly, oligopsony and oligopsonistic oligopoly. J Econ Res 5(2):173–187

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  • Szidarovszky F, Okuguchi K (2000) A dynamic model of international fishing. Seoul J Econ 13(4):471–476

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  • Okuguchi K (2001) International competition in one country: comparative static analysis. Pac Econ Rev 6(1):25–35

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  • Okuguchi K (2002) Comparative static analysis for Cournot oligopoly. In: Woodland AD (ed) Economic theory and international trade: essays in honour of Murray C. Kemp. Elgar, Cheltenham/Northampton, pp 208–217

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  • Szidarovszky F, Ilieva V, Okuguchi K (2002) Entry and merger in commercial fishing with multiple markets. Zeitschrift für Nationalökonomie/J Econ 76(3):247–259

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  • Okuguchi K (2003) Optimal pollution tax in Cournot oligopoly. Keio Econ Stud 40(1):85–89

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  • Okuguchi K (2003) Dynamic and comparative static analysis of imperfectly competitive international fishery. Zeitschrift für Nationalökonomie/J Econ 80(3):249–265

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  • Okuguchi K (2003) Imperfect competition and optimal pollution tax. In: Bars R, Gyurkovics E (eds) Control applications of optimisation 2003, a proceedings volume from the 12th IFAC workshop, Visegrád. Elsevier Science Limited, Oxford, pp 123–126

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  • Okuguchi K, Szidarovszky F (2003) Oligopoly with intertemporal demand interaction. J Econ Res 8(1):51–62

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  • Szidarovszky F, Okuguchi K (2003) Competition and cooperation in international commercial fishing. In: Neck R (ed) Modeling and control of economic systems 2001, a proceedings volume from the 10th IFAC symposium, Klagenfurt, 2001. Elsevier Science Limited, Oxford, pp 65–68

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  • Okuguchi K, Yamazaki T (2004) Stability of equilibrium in Bertrand and Cournot Duopolies. Int Game Theory Rev 6(3):381–390

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  • Okuguchi K (2005) Revisiting perverse effects on exchange rate pass-through. Int J Bus Econ 4(1):67–76

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  • Okuguchi K (2005) Entry in Bertrand oligopoly. PU M A (Pure Math Appl) 16(4):467–474

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  • Okuguchi K (2005) Existence of Nash equilibria in endogenous rent-seeking games. In: Nowak AS, Szajowski K (eds) Advances in dynamic games. Birkhäuser, Boston, pp 445–453

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  • Okuguchi K, Szidarovszky F (2005) Changes in demand function in Cournot oligopoly. Pac Econ Rev 10(3):371–378

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  • Szidarovszky F, Okuguchi K, Kopel M (2005) International fishery with several countries. PU M A 16(4):493–514

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  • Erjaee HG, Okuguchi K (2006) Bifurcation and stability in imperfectly competitive international commercial fishing. Keio Econ Stud 43(2):61–71

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  • Okuguchi K (2006) Aggregate game and international fishery with several countries. In: Haasis H-D, Kopfer H, Schönberger J (eds) Operations research proceedings 2005. Springer, Berlin/Heidelberg, pp 461–466

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  • Okuguchi K (2007) Quasi-competitive Cournot oligopoly with product differentiation and symmetric firms. Rev Dev Econ 11(2):404–411

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  • Okuguchi K, Szidarovszky F (2007) Existence and uniqueness of equilibrium in labor-managed Cournot oligopoly. Riv Pol Econ 97(3):9–16. Reprinted in Lambertini L (ed) Firms’ objective and internal organization in a global economy: positive and normative analysis, 2009. St. Martin’s Press/Palgrave Macmillan, New York, pp 9–16

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  • Okuguchi K, Szidarovszky F (2007) Environmental R and D in Cournot oligopoly with emission or performance standards. PU M A 18(1–2):111–118

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  • Okuguchi K, Yamazaki T (2008) Global stability of unique Nash equilibrium in Cournot oligopoly and rent-seeking game. J Econ Dyn Control 32(4):1204–1211

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  • Okuguchi K (2010) Inferior factor in Cournot oligopoly. Zeitschrift für Nationalökonomie/J Econ 101(2):125–131

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  • Okuguchi K (2011) Optimal pollution tax under international competition. Keio Econ Stud 47(1):153–159

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  • Okuguchi K (2012) Commercial fishing with predator-prey interaction revisited. Keio Econ Stud 48(1):139–144

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  • Okuguchi K (2012) General analysis of Cournot mixed oligopoly with partial privatization. Eurasian Econ Rev 2(1):48–62

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  • Erjaee GH, Astadzad MH, Okuguchi K, Rahemi A (2013) Fractional differential equations system for comercial fishing under predator-prey interaction. J Appl Nonlinear Dyn 2(4)

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  • Okuguchi K (2013) Existence of unique equilibrium and quasi-competitiveness in Cournot mixed oligopoly. Presented at PET13, Lisbon

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  • Okuguchi K, Yamazaki T (2014) Global stability of Nash equilibrium in aggregative games. Int Game Theory Rev 16(4)

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  • Okuguchi K (2015) Analysis of privatization in Stackelberg mixed oligopoly. Presented at DIEM (Dubrovnik International Economic Meeting) 2015, Dubrovnik

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Authors and Affiliations

  1. Faculty of Economics, Niigata University, 8050 Ikarashi 2-no-cho, Nishi-ku, Niigata-shi, 950-2181, Japan

    Takeshi Yamazaki

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  1. Takeshi Yamazaki
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Correspondence to Takeshi Yamazaki .

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Editors and Affiliations

  1. Wageningen University, Wageningen, The Netherlands

    Pierre von Mouche

  2. University Federico II of Naples, Naples, Italy

    Federico Quartieri

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Yamazaki, T. (2016). On the Works of Professor Koji Okuguchi. In: von Mouche, P., Quartieri, F. (eds) Equilibrium Theory for Cournot Oligopolies and Related Games. Springer Series in Game Theory. Springer, Cham. https://doi.org/10.1007/978-3-319-29254-0_2

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