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
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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