Economics and Finance

    

Comparative Statics for Oligopoly: Flawless Mathematics Applied to a Faulty Result

Authors: Ate Nieuwenhuis

The assumption that each player conditions on the endogenous actions of his rivals when the players are unable to cooperate is inconsistent with the assumption of rational, optimising behavior.

Comments: 2 Pages. An earlier, almost identical version is available at https://dx.doi.org/10.13140/RG.2.2.22776.29443

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Submission history

[v1] 2020-10-21 10:37:27

Unique-IP document downloads: 285 times

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