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Changes in Demand Function in Cournot Oligopoly

8 Pages Posted: 5 Nov 2005  

Koji Okuguchi

Gifu Shotoku Gakuen University - Economics

Ferenc Szidarovszky

University of Arizona - Department of Systems & Industrial Engineering (SIE)

Abstract

The effects of change in the market (inverse) demand function are systematically analysed for Cournot oligopoly without product differentiation. The general comparative-static results are stated using the original data on firms' cost functions and inverse demand function. Three special models are examined in light of our results. The stability condition is shown to be insufficient for determinate comparative statics.

Suggested Citation

Okuguchi, Koji and Szidarovszky, Ferenc, Changes in Demand Function in Cournot Oligopoly. Pacific Economic Review, Vol. 10, No. 3, pp. 371-378, October 2005. Available at SSRN: https://ssrn.com/abstract=817471

Koji Okuguchi (Contact Author)

Gifu Shotoku Gakuen University - Economics ( email )

1-38 Nakauzura
Gifu-ken 500-8288
Japan

Ferenc Szidarovszky

University of Arizona - Department of Systems & Industrial Engineering (SIE) ( email )

Tucson, AZ
United States
520-621-6557 (Phone)

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