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On the Uniqueness of the Welfare–maximizing Number of Firms Under Cournot Oligopoly

✍ Scribed by Takao Ohkawa; Makoto Okamura


Book ID
108527047
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
325 KB
Volume
55
Category
Article
ISSN
0307-3378

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On the uniqueness of maximizers of Marko
✍ Dietmar Ferger 📂 Article 📅 1999 🏛 Elsevier Science 🌐 English ⚖ 92 KB

Let Y be a nonconstant Markov-Gaussian process with almost sure continuous sample functions. We show that with probability one the original process Y and the re ected process |Y | in each case attain their maximal value at precisely one point. Almost sure uniqueness of maximizers of stochastic proce