Existence of Unique Equilibrium in Cournot Mixed Oligopoly

被引:1
|
作者
Okuguchi, Koji [1 ]
Yamazaki, Takeshi [2 ]
机构
[1] Tokyo Metropolitan Univ, Hachioji, Tokyo, Japan
[2] Niigata Univ, Dept Econ, Niigata, Japan
关键词
Mixed oligopoly; Cournot; equilibrium; existence;
D O I
10.1142/S0219198917500359
中图分类号
O1 [数学];
学科分类号
0701 ; 070101 ;
摘要
The properties of Cournot mixed oligopoly consisting of one public firm and one or more than one private firms have mostly been analyzed for simple cases on the basis of numerical calculations of the equilibrium values for a linear market demand function and linear or quadratic cost functions. In this paper, after proving the existence of a unique equilibrium in Cournot mixed oligopoly under general conditions on the market demand and each firm's cost function, we derive conditions ensuring the existence of a unique Nash equilibrium for the mixed oligopoly where one public firm and at least one of the private firms are active in a general model of Cournot mixed oligopoly with one public firm and several private firms.
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页数:13
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