Comparative statics for oligopoly, oligopsony and oligopsonistic oligopoly
Koji Okuguchi
Abstract
Koji Okuguchi
Abstract
Comparative static analysis is presented for three Cournot models, that is, Cournot oligopoly, Cournot oligopsony and Cournot oligopoly coexistent with Cournot oligopsony. Comparative statics for the first two models are made possible by taking into account the diagrams which determine simultaneously the industry quantity and product or factor price, and that for the third model by considering simultaneous determination of the equilibrium industry output and factor demand.
OpenAlex reports 5 citations for this work. Citation counts describe recorded attention and do not establish research quality.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
Comparative static analysis is presented for three Cournot models, that is, Cournot oligopoly, Cournot oligopsony and Cournot oligopoly coexistent with Cournot oligopsony. Comparative statics for the first two models are made possible by taking into account the diagrams which determine simultaneously the industry quantity and product or factor price, and that for the third model by considering simultaneous determination of the equilibrium industry output and factor demand.
Key concepts: Cournot competition, Comparative statics, Oligopoly, Economics, Microeconomics, Mathematical economics