English, Article edition: STABILITY OF THE COURNOT SOLUTION AND FREE ENTRY: A NOTE * TAKESHI IKEDA

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  • article
Language
  • English

Edition details

Title
  • STABILITY OF THE COURNOT SOLUTION AND FREE ENTRY: A NOTE *
Author
  • TAKESHI IKEDA
Physical Description
  • article
Notes
  • Taking a traditional approach, I show that by using the discrete adjustment system, the Cournot solution in a free entry oligopoly with increasing returns to scale is stable only when the number of firms is very small. We must pay attention to stability when using the free entry Cournot oligopoly model. Copyright 2006 The AuthorsJournal compilation 2006 Blackwell Publishing Ltd/​University of Adelaide and Flinders University .
  • RePEc:bla:ausecp:v:45:y:2006:i:4:p:281-285
Language
  • English
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