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Property / full work available at URL: https://doi.org/10.1016/0022-0531(85)90046-8 / rank
 
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Latest revision as of 14:27, 17 June 2024

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The stability of the Cournot oligopoly model: a reassessment
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    The stability of the Cournot oligopoly model: a reassessment (English)
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    1985
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    All the theorems in the paper proved are correct. The main achievement of this paper is that the authors improve and complete Hahn's results [see \textit{F. Hahn}, Rev. Econ. Stud. 29, 329-331 (1962)], and make the assumptions more compact. In particular they correct an error of Hahn. The proof in the appendix is correct, but tedious. Finally, there is a small misprint on page 319. The lower right-hand block matrix of matrix C should be the unit matrix.
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    Cournot oligopoly model
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    market structure
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    continuous adjustment process
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    sufficient conditions for instability
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    local and global stability
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