NASH BARGAINING AND PERVERSE DEMAND SHIFT EFFECTS IN COURNOT OLIGOPOLY
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NoteDemand shift effects in Cournot oligopoly are examined when firms reach their decisions via Nash bargaining. As compared with profit maximization, perverse demand effects are less likely and perverse price effects more likely to occur. Perverse profit effects can occur even with perfect collusion.
- 慶應義塾大学の論文
- 1996-00-00
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