Abstract We consider the standard model of spatial Cournot competition and show that for dispersion equilibria to exist, (a) a necessary condition is that the distribution be not unimodal, and (b) a sufficient condition is that the distribution be convex with a unique antimode and that asymmetry is not too strong.
Dispersion equilibria in spatial Cournot competition / Corrado Benassi. - In: THE ANNALS OF REGIONAL SCIENCE. - ISSN 0570-1864. - STAMPA. - 52:2(2014), pp. 611-625. [10.1007/s00168-014-0603-7]
Dispersion equilibria in spatial Cournot competition
BENASSI, CORRADO
2014
Abstract
Abstract We consider the standard model of spatial Cournot competition and show that for dispersion equilibria to exist, (a) a necessary condition is that the distribution be not unimodal, and (b) a sufficient condition is that the distribution be convex with a unique antimode and that asymmetry is not too strong.File in questo prodotto:
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