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Oligopolies With Set-Valued Inverse Demand

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Author Info
Flam, S.D.
Mallozzi, L.
Morgan, J.

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Abstract

This note deals with Cournot type oligopolies in which the market clearing price occasionally may be non-unique. A Stackelberg leading producer is present. Given that setting we explore continuity properties of the followers' reaction and provide sufficient conditions for existence of equilibrium.

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Publisher Info
Paper provided by Department of Economics, University of Bergen in its series Norway; Department of Economics, University of Bergen with number 0301.

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Length: 7 pages
Date of creation: 2001
Date of revision:
Handle: RePEc:fth:bereco:0301

Contact details of provider:
Postal: Department of Economics, University of Bergen Fosswinckels Gate 6. N-5007 Bergen, Norway
Phone: (+47)55589200
Fax: (+47)55589210
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Web page: http://www.uib.no/econ/
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Related research
Keywords: OLIGOPOLES ; PRICES ; MATHEMATICAL ANALYSIS;

Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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This page was last updated on 2009-11-20.

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