Expectations and Stability in Oligopoly Models / by Koji Okuguchi.

Saved in:
Bibliographic Details
Online Access: Full Text (via Springer)
Main Author: Okuguchi, Koji
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 1976.
Series:Lecture notes in economics and mathematical systems ; 138.
Lecture notes in economics and mathematical systems. Mathematical economics.
Subjects:
Table of Contents:
  • 1. Existence and Stability of the Cournot Oligopoly Solution (Or Equilibrium)
  • 1.1. No Product Differentiation
  • 1.2. Product Differentiation
  • 1.3. Mathematical Appendix
  • 2. Uniqueness of the Cournot Oligopoly Solution
  • 3. Entry in the Cournot Model: Quasi-Competitiveness VS Perfect Competition
  • 3.1. Introductory Remarks
  • 3.2. Quasi-Competitiveness
  • 3.3. Convergence to Perfect Competition
  • 4. Revenue Maximizing Duopoly
  • 4.1. Introduction
  • 4.2. Stability Analysis
  • 5. Stackelberg Duopoly Models Reconsidered
  • 5.1. A Leader-Follower Model
  • 5.2. Resolution of Stackelberg Disequilibrium in a Leader-Leader Model
  • 6. Extrapolative Expectations and Stability of Oligopoly Equilibrium
  • 6.1. Introduction
  • 6.2. Stability under No Product Differentiation
  • 6.3. Product Differentiation and Stability
  • 7. Adaptive Expectations and Stability of Oligopoly Equilibrium
  • 7.1. No Product Differentiation
  • 7.2. Product Differentiation
  • 7.3. Mathematical Appendix
  • 8. Unknown Demand Function and Stability
  • 8.1. Introduction
  • 8.2. The Cournot Model with Unknown Market Demand Function
  • 8.3. Adaptive Expectations and Unknown Demand Function
  • 9. Probability Models
  • 9.1. Probability Models with No Bayesian Learning
  • 9.2. Bayesian Learning in Duopoly Models
  • References.