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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.
February 25, 2011 | Permalink
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