On the uniqueness of Cournot equilibrium in case of concave integrated price flexibility
We consider a class of homogeneous Cournot oligopolies with concave integrated price flexibility and convex cost functions. We provide new results about the semi-uniqueness and uniqueness of (Cournot) equilibria for the oligopolies that satisfy these conditions. The condition of concave integrated price flexibility is implied by (but does not imply) the log-concavity of a continuous decreasing price function. So, our results generalize previous results for decreasing log-concave price functions and convex cost functions. We also discuss the particular type of quasi-concavity that characterizes... Mehr ...
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Dokumenttyp: | Artikel |
Erscheinungsdatum: | 2012 |
Schlagwörter: | Netherlands / Applied Mathematics / Management Science and Operations Research / Control and Optimization / Computer Science Applications |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-27200663 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://www.openaccessrepository.it/record/80717 |