Inferior factor in Cournot oligopoly

被引：0
|
作者：
Koji Okuguchi
机构：
[1] Tokyo Metropolitan University,Department of Economics
来源：
Journal of Economics | 2010年 / 101卷
关键词：
Inferior factor; Factor price; Cournot oligopoly; Equilibrium industry output; D21; D43; L13;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
The condition for factor inferiority has been well known for a competitive firm facing perfect competition in both product and factor markets. Whether the factor inferiority is observable or not has been unknown for oligopoly facing perfect competition in factor market. We derive a general condition for the factor inferiority in Cournot oligopoly without product differentiation. We derive it on the basis of a novel technique for proving the existence of a unique Cournot equilibrium industry output.
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页码：125 / 131
页数：6
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