Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

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Friday, February 25, 2011

Spatial Cournot Competition and Consumers’ Heterogeneity: A Note

Posted by D. Daniel Sokol

Corrado Benassi (Dipartimento di Scienze Economiche, Alma Mater Studiorum - Università di Bologna; The Rimini Centre for Economic Analysis) theorizes Spatial Cournot Competition and Consumers’ Heterogeneity: A Note.

ABSTRACT: We consider the standard model of spatial Cournot competition and show that a necessary condition for dispersion equilibria is that the distribution be not unimodal.

http://lawprofessors.typepad.com/antitrustprof_blog/2011/02/spatial-cournot-competition-and-consumers-heterogeneity-a-note.html

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