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Comparative Analysis of Cournot Equilibrium from Ordering Game and Simultaneous Game
Author(s): WANG Gui-min
Pages: 3-
7,9
Year: 2014
Issue:
21
Journal: Economic Research Guide
Keyword: Cournot Equilibrium; simultaneous game; ordering game; oligopoly market;
Abstract: Based on the study shortage of Cournot Model in inland and overseas,in this paper,I comparatively analyze the oligopoly equilibrium from simultaneous game and ordering game in Cournot supposition,product difference,marginal cost difference,nonlinear demand curve,and so on.Then,I conclude that the equilibrium between different manufacturers is relation to many factors in oligopoly market,such as product quality,cost difference,market demand,game order,etc.This can provide theory gist to the decision-making of the correlative industry in our country.
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