Statements (31)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:analyzes |
market outcomes
|
| gptkbp:appliesTo |
oligopoly
duopoly |
| gptkbp:assumes |
perfect information
each firm maximizes profit firms choose quantities simultaneously homogeneous product identical cost functions (in basic model) no collusion no entry or exit |
| gptkbp:contrastsWith |
gptkb:Bertrand_competition
gptkb:Stackelberg_competition |
| gptkbp:describes |
oligopoly
|
| gptkbp:field |
microeconomics
industrial organization |
| https://www.w3.org/2000/01/rdf-schema#label |
Cournot competition
|
| gptkbp:influenced |
game theory
industrial economics |
| gptkbp:introducedIn |
1838
|
| gptkbp:namedAfter |
gptkb:Antoine_Augustin_Cournot
|
| gptkbp:publishedIn |
Recherches sur les principes mathématiques de la théorie des richesses
|
| gptkbp:result |
market output between monopoly and perfect competition
market price above marginal cost market price below monopoly price |
| gptkbp:solvedBy |
gptkb:Nash_equilibrium
|
| gptkbp:studies |
strategic interaction
|
| gptkbp:usedFor |
analyzing firm behavior
studying market power |
| gptkbp:bfsParent |
gptkb:Antoine_Augustin_Cournot
|
| gptkbp:bfsLayer |
6
|