𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Cournot equilibrium in large markets under increasing returns

✍ Scribed by J. Fraysse; M. Moreaux


Book ID
116099042
Publisher
Elsevier Science
Year
1981
Tongue
English
Weight
191 KB
Volume
8
Category
Article
ISSN
0165-1765

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


Inducing efficiency in oligopolistic mar
✍ Abhijit Sengupta; Yair Tauman πŸ“‚ Article πŸ“… 2011 πŸ› Elsevier Science 🌐 English βš– 293 KB

We consider a Cournot oligopoly market of firms possessing increasing returns to scale technologies (which may not be identical). It is shown that an external regulating agency can increase total social welfare without running a deficit by offering to subsidize one firm an amount which depends on th