Abstract
One of the most well-known models of oligopoly with or without product differentiation is that of A.Cournot(1838), an early French mathematical economist. According to Cournot, each firm in any oligopolistic industry determines its optimal profit maximizing output in any period on the naive assumption that all of its rivals’ outputs will remain at the same levels as in the immediately preceding period.
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© 1976 Springer-Verlag Berlin · Heidelberg
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Okuguchi, K. (1976). Existence and Stability of the Cournot Oligopoly Solution(or Equilibrium). In: Expectations and Stability in Oligopoly Models. Lecture Notes in Economics and Mathematical Systems, vol 138. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-46347-1_2
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DOI: https://doi.org/10.1007/978-3-642-46347-1_2
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-08056-5
Online ISBN: 978-3-642-46347-1
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