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Noncooperative oligopoly in markets with a continuum of traders
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Busetto, Francesca, Codognato, Giulio and Ghosal, Sayantan (2011) Noncooperative oligopoly in markets with a continuum of traders. Games and Economic Behavior, Volume 72 (Number 1). pp. 38-45. doi:10.1016/j.geb.2010.06.009 ISSN 0899-8256.
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Official URL: http://dx.doi.org/10.1016/j.geb.2010.06.009
Abstract
We show the existence of a pure strategy Cournot-Nash equilibrium for a model of noncooperative exchange where large traders, represented as atoms, and small traders, represented by an atomless part, are allowed to buy and sell all commodities. (C) 2010 Elsevier Inc. All rights reserved.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HD Industries. Land use. Labor | ||||
Divisions: | Faculty of Social Sciences > Centre for the Study of Globalisation and Regionalisation | ||||
Library of Congress Subject Headings (LCSH): | Oligopolies, Competition, Imperfect, Noncooperative games (Mathematics), Stock exchanges | ||||
Journal or Publication Title: | Games and Economic Behavior | ||||
Publisher: | Academic Press | ||||
ISSN: | 0899-8256 | ||||
Official Date: | 2011 | ||||
Dates: |
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Volume: | Volume 72 | ||||
Number: | Number 1 | ||||
Page Range: | pp. 38-45 | ||||
DOI: | 10.1016/j.geb.2010.06.009 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Version or Related Resource: | Busetto, F., Codognato, G. and Ghosal, S. (2008). Noncooperative oligopoly in markets with a continuum of traders. [Coventry] : University of Warwick, Economics Department. (Warwick economic research papers, no.866). http://wrap.warwick.ac.uk/id/eprint/1350 | ||||
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