Cournot competition: A model of competition in which firms simultaneously decide on the quantity to produce, affecting market prices and output. Network Effects and Competition in Network ...

In the Bertrand model a duopoly is all that is required to induce perfect competition while that is not the case in the Cournot model until the number of firms heads towards infinity. The chart ...

In a differentiated-product Cournot model, each supplier receives informative signals about demand. The cross-industry correlations of the signals differ: more public signals have higher correlation ...

Economics analysed this kind of competition between firms long ago. The French economist Augustin Cournot discussed it all the way back in 1837. It’s called the Cournot model of competition.

In a three-country partial equilibrium model with differentiated Cournot and Bertrand competition, we incorporate the two main FDI modes: Greenfield Investment (G.I.) and cross-border Merger and ...