Cournot Equilibrium with Free Entry: The Case of Decreasing Average Cost Functions

1983 ◽  
Vol 50 (2) ◽  
pp. 347 ◽  
Author(s):  
Yoshiaki Ushio
Keyword(s):  
Average Cost ◽  
Cost Functions ◽  
Free Entry ◽  
Cournot Equilibrium

Cournot Equilibrium Uniqueness: At 0 Discontinuous Industry Revenue and Decreasing Price Flexibility

2019 ◽  
Vol 21 (02) ◽  
pp. 1940010 ◽  
Author(s):  
Pierre Von Mouche ◽  
Takashi Sato
Keyword(s):  
Large Class ◽  
Cost Functions ◽  
Uniqueness Problem ◽  
Unique Equilibrium ◽  
Cournot Equilibrium ◽  
Price Function ◽  
Convex Cost ◽  
Equilibrium Uniqueness ◽  
Price Flexibility

We consider the equilibrium uniqueness problem for a large class of Cournot oligopolies with convex cost functions and a proper price function [Formula: see text] with decreasing price flexibility. This class allows for (at [Formula: see text]) discontinuous industry revenue and in particular for [Formula: see text]. The paper illustrates in an exemplary way the Selten–Szidarovszky technique based on virtual backward reply functions. An algorithm for the calculation of the unique equilibrium is provided.

Ex ante and ex post long-run average cost functions

1987 ◽  
Vol 19 (10) ◽  
pp. 1411-1419 ◽  
Author(s):  
L. J. Hubbard ◽  
P. J. Dawson
Keyword(s):  
Average Cost ◽  
Cost Functions ◽  
Ex Post ◽  
Long Run ◽  
Ex Ante

scholarly journals Pseudoconvexity properties of average cost functions

2015 ◽  
Vol 5 (3) ◽  
pp. 233-236
Author(s):  
R. Enkhbat ◽  
◽  
N. Tungalag ◽  
A. S. Strekalovsky ◽  
◽  
...  
Keyword(s):  
Average Cost ◽  
Cost Functions

Market size, entry costs and free entry Cournot equilibrium

2022 ◽  
Author(s):  
Krishnendu Ghosh Dastidar ◽  
Sugata Marjit
Keyword(s):  
Market Size ◽  
Free Entry ◽  
Cournot Equilibrium ◽  
Entry Costs

The Nonexistence of a Free Entry Cournot Equilibrium in Labor-Managed Economies

Econometrica ◽  
1983 ◽  
Vol 51 (2) ◽  
pp. 455 ◽  
Author(s):  
J. J. Laffont ◽  
M. Moreaux
Keyword(s):  
Free Entry ◽  
Cournot Equilibrium

OLS and Frontier Function Estimates of Long-Run Average Cost for Tennessee Livestock Auction Markets

1983 ◽  
Vol 15 (2) ◽  
pp. 79-83 ◽  
Author(s):  
Dan L. McLemore ◽  
Glen Whipple ◽  
Kimberly Spielman
Keyword(s):  
Average Cost ◽  
Cost Functions ◽  
Microeconomic Theory ◽  
Average Total Cost ◽  
Auction Markets ◽  
Total Cost ◽  
Auction Market ◽  
Considerable Research ◽  
Long Run ◽  
Economies Of Size

Considerable research has been conducted to explore economies of size in the livestock auction market industry. Since auction market cost functions are expected to conform to microeconomic theory, conclusions regarding industry economies of size are often derived from estimated long-run average total cost (LRATC) functions (French; Stoddard).

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