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Cournot Oligopoly

Name: Cournot Oligopoly
Brand: Cambridge University Press
SKU: 02018333
Price: 27505 HUF
Availability: InStock
Author: Andrew F. Daughety
ISBN: 9780521022842

Characterization and Applications

Andrew F. Daughety

Language

English

Book Paperback

Libristo code: 02018333

Publishers Cambridge University Press, November 2005

Celebrating the 150th anniversary of Cournot's work, which Mark Blaug has characterized as 'a book t... Full description

Libristo code: 02018333

183 b

27 505 Ft

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Celebrating the 150th anniversary of Cournot's work, which Mark Blaug has characterized as 'a book that for sheer originality and boldness of conception has no equal in the history of economics thought', this volume focuses on the properties and uses of Cournot's model of competition among the few. While there are many issues that Cournot explored in researches into the mathematical principles of the theory of wealth, the topic that he is most readily associated with - and which now is also enjoying a revival - is his model of oligopolistic interaction among firms. This revival of interest in Cournot's model is due largely to increased emphasis by economists on capturing elements of imperfect competition and strategic behavior.