NASH-COURNOT EQUILIBRIUM FOR AN INDUSTRY WITH OLIGOPOLY AND A COMPETITIVE FRINGE
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概要
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The Nash-Cournot equilibrium for an industry with a cartel and a competitive fringe has been analyzed by economists interested in exhaustible resources. In this paper the existence and stability of the Nash-Cournot equilibrium for an industry with oligopolists behaving independently one another without any cooperation among themselves and with many small firms forming a competitive fringe are proven under a set of general conditions.
- 慶應義塾大学の論文
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