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- Title
CHANGES IN DEMAND FUNCTION IN COURNOT OLIGOPOLY.
- Authors
Okuguchi, Koji; Szidarovszky, Ferenc
- Abstract
The effects of change in the market (inverse) demand function are systematically analysed for Cournot oligopoly without product differentiation. The general comparative-static results are stated using the original data on firms’ cost functions and inverse demand function. Three special models are examined in light of our results. The stability condition is shown to be insufficient for determinate comparative statics.
- Subjects
DEMAND function; OLIGOPOLIES; PRODUCT differentiation; ECONOMIC demand; IMPERFECT competition
- Publication
Pacific Economic Review, 2005, Vol 10, Issue 3, p371
- ISSN
1361-374X
- Publication type
Article
- DOI
10.1111/j.1468-0106.2005.00279.x