Is a unique Cournot equilibrium locally stable?

DOI10.1006/GAME.1999.0768zbMath1032.91086OpenAlexW2085741895MaRDI QIDQ1590686

Krishnendu Ghosh Dastidar

Publication date: 11 March 2004

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1006/game.1999.0768

zbMATH Keywords

stability of equilibriumduopolyoligopolyCournot equilibrium

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Production theory, theory of the firm (91B38) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (13)

On the relationship between uniqueness and stability in sum-aggregative, symmetric and general differentiable games ⋮ Global stability of unique Nash equilibrium in Cournot oligopoly and rent-seeking game ⋮ Licensing under general demand and cost functions ⋮ Market size, entry costs and free entry Cournot equilibrium ⋮ GLOBAL STABILITY OF NASH EQUILIBRIUM IN AGGREGATIVE GAMES ⋮ On the existence of stable equilibria in monotone games ⋮ Cournot equilibrium revisited ⋮ On local stability of Cournot models with simultaneous and sequential decisions ⋮ Should sophisticated expectations facilitate reaching equilibrium behavior? ⋮ Existence of Unique Equilibrium in Cournot Mixed Oligopoly ⋮ STABILITY OF EQUILIBRIUM IN BERTRAND AND COURNOT DUOPOLIES ⋮ Better-reply dynamics and global convergence to Nash equilibrium in aggregative games ⋮ Does local monopolistic approximation imply a less stable equilibrium?

Cites Work

• Unnamed Item
• The stability of the Cournot oligopoly model: a reassessment
• The stability of Cournot revisited
• Expectations and stability in oligopoly models
• Stability of a Cournot-Nash equilibrium: The multiproduct case
• Some Examples of Global Instability of the Competitive Equilibrium
• Comparative Statics for Oligopoly
• Necessary and Sufficient Conditions for Uniqueness of a Cournot Equilibrium
• A Dual Stability Theorem
• A Note on the Stability Conditions in Cournot's Dynamic Market Solution When Neither the Actual Market Demand Function Nor the Production Levels of Rivals are Known

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