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A Competitive Market in Every Cournot Model
Francisco Galera Universidad de Navarra Abstract: In this paper, I propose a simple and useful technique to analyze and solve any Cournot model by means of a parallel competitive market. The reaction curves of firms in the Cournot model are interpreted as supply functions in the parallel market. The method is particularly well suited to graphical analysis.
JEL Classifications: D43, D41, A22 Case and Teaching Paper SeriesDate posted: February 27, 2003 ; Last revised: February 27, 2003Suggested CitationContact Information
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