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Non-existence of Duopoly Equilibria: A Simple Numerical Example

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  • Jean-Marc Bonnisseau

    ()

  • Michael Florig

    ()

Abstract

We give a simple example to the non-existence of duopoly equilibrium in pure strategies in an economy with two goods and two types of consumers.

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File URL: http://hdl.handle.net/10.1007/s00712-005-0119-9
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Bibliographic Info

Article provided by Springer in its journal Journal of Economics - Zeitschrift für Nationalökonomie.

Volume (Year): 85 (2005)
Issue (Month): 1 (07)
Pages: 65-71

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Handle: RePEc:kap:jeczfn:v:85:y:2005:i:1:p:65-71

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Web page: http://www.springerlink.com/link.asp?id=108909

Related research

Keywords: Imperfect competition; Duopoly equilibrium; D50; D43;

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  1. John Roberts & Hugo Sonnenschein, 1976. "On the Foundations of the Theory of Monopolistic Competition," Discussion Papers 169, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  2. Birgit Grodal & Egbert Dierker, 1999. "The price normalization problem in imperfect competition and the objective of the firm," Economic Theory, Springer, vol. 14(2), pages 257-284.
  3. Cordella, Tito & Gabszewicz, Jean J., 1998. ""Nice" Trivial Equilibria in Strategic Market Games," Games and Economic Behavior, Elsevier, vol. 22(1), pages 162-169, January.
  4. JASKOLD GABSZEWICZ, Jean & VIAL, Jean-Philippe, . "Oligopoly "à la Cournot" in a general equilibrium analysis," CORE Discussion Papers RP -106, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  5. Gabszewicz, J. & Michel, P., 1992. "Oligopoly Equilibria in Exchange Economies," Papiers d'Economie Mathématique et Applications 92.26, Université Panthéon-Sorbonne (Paris 1).
  6. CORDELLA, Tito & GABSZEWICZ, Jean, 1993. "Comparative Advantage under Oligopoly," CORE Discussion Papers 1993007, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  7. Egbert Dierker & Hildegard Dierker & Birgit Grodal, 2000. "Objectives of an Imperfectly Competitive Firm: A Surplus Approach," Vienna Economics Papers 0007, University of Vienna, Department of Economics.
  8. Gale, David, 1976. "The linear exchange model," Journal of Mathematical Economics, Elsevier, vol. 3(2), pages 205-209, July.
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