Objective and subjective product differentiation in a Cournot duopoly

Cournot duopoly is a mathematical model of an imperfectly competitive market, where two profit maximizing firms simultaneously choose the quantities of product to produce, considering each other's behavior. The main objective of this paper is to analytically obtain the equilibrium quantities,...

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Bibliographic Details

Published in:	REMAT
Main Authors:	João Plínio Juchem Neto, Jorge Paulo de Araújo, Martin Wiehe
Format:	Article
Language:	English
Published:	Instituto Federal de Educação, Ciência e Tecnologia do Rio Grande do Sul (IFRS) 2024-12-01
Subjects:	mathematical economics microeconomics Cournot duopoly product differentiation mathematical modeling
Online Access:	https://periodicos.ifrs.edu.br/index.php/REMAT/article/view/7367