The Heterogeneity of Firms Behavior at Oligopolistic Market: Price-makers and Price-takers

The paper considers the model of strategic interaction of firms at the quantity oligopoly market. There are several price-makers maximizing profits using the Cournot strategy, and also several price-takers obtaining outputs from the equivalence of price and marginal costs. The second strategy can be...

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Bibliographic Details

Published in:	Известия Иркутского государственного университета: Серия "Математика"
Main Author:	A.Yu. Filatov
Format:	Article
Language:	English
Published:	Irkutsk State University 2015-09-01
Subjects:	quantity oligopoly strategic interaction Cournot model Stackelberg model price-takers heterogeneity
Online Access:	http://isu.ru/journal/downloadArticle?article=_f37fd50da7c947469e380a73626a7f88&lang=rus