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The Theory of Duopoly

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  • Alexander Henderson

Abstract

I. Introduction, 565. — II. Maximization of joint profit as a solution, 566. — III. The contract curve, as a solution, 569. — IV. The contract curve and its resemblance to what businessmen think they are doing, 573. — V. The contract curve and realistic conditions, 574. — VI. Extension of the contract curve to oligopoly, 575. — VII. Use of mark-up on prime costs, 576. — VIII. Extension of the contract curve to non-price competition, 580. — IX. Conclusion, 581. — Appendix, 582.

Suggested Citation

  • Alexander Henderson, 1954. "The Theory of Duopoly," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 68(4), pages 565-584.
  • Handle: RePEc:oup:qjecon:v:68:y:1954:i:4:p:565-584.
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    File URL: http://hdl.handle.net/10.2307/1881877
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    Cited by:

    1. Rancan, Antonella, 2015. "The Origin Of The Sylos Postulate: Modigliani’S And Sylos Labini’S Contributions To Oligopoly Theory," Journal of the History of Economic Thought, Cambridge University Press, vol. 37(3), pages 431-448, September.
    2. repec:dau:papers:123456789/4638 is not listed on IDEAS
    3. John A. Rickard, 1979. "The Dynamics of Duopoly Output Games Involving Cournot and Related Best‐Response Strategies," The Economic Record, The Economic Society of Australia, vol. 55(1), pages 68-75, March.
    4. Antonella Rancan, 2014. "Modigliani's comments on Sylos Labini's theory of unemployment (1956-1958)," PSL Quarterly Review, Economia civile, vol. 67(270), pages 269-282.
    5. Michel Glais, 1987. "Les fondements micro-économiques de la jurisprudence concurrentielle (française et européenne)," Revue Économique, Programme National Persée, vol. 38(1), pages 75-116.

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