CORRELATED EQUILIBRIUM OF COURNOT OLIGOPOLY COMPETITION

Authors
LIU LH
Citation
Lh. Liu, CORRELATED EQUILIBRIUM OF COURNOT OLIGOPOLY COMPETITION, Journal of economic theory, 68(2), 1996, pp. 544-548
Citations number
8
Categorie Soggetti
Economics
Journal title
Journal of economic theory → ACNP
ISSN journal
00220531
Volume
68
Issue
2
Year of publication
1996
Pages
544 - 548
Database
ISI
SICI code
0022-0531(1996)68:2<544:CEOCOC>2.0.ZU;2-N
Abstract
This paper shows that there is a unique correlated equilibrium, which is the unique Nash equilibrium, for the standard Cournot oligopoly mod el with linear demand and asymmetric, linear costs. (C) 1996 Academic Press, Inc.