Chapter 3: On the Cournot and Bertrand oligopolies and the theory of supermodular games
Rabah Amir
Category:
Handbook Chapter
Published:
23 Feb 2018
Page Range:
40–65
Collection:
Economics 2018
DOI:
https://doi.org/10.4337/9781785363283.00009
Restricted access

This chapter provides a general survey of three strands of literature in oligoply theory. The first deals with the existence of Cournot equilibrium in the general asymmetric case, via the property of strategic substitutes. The second is concerned with the effects of exogenous entry by identical firms on market performance for a Cournot industry. The third strand deals with Bertrand competition with differentiated products as a game of strategic complements. These strands of literature share one important unifying common feature: they were achieved via the application of lattice-theoretic methods. The presentation style of this survey is precise but at the same time somewhat informal in that concepts and ideas are given precedence over formal proofs. In addition, illustrative examples are included whenever possible.

You are not authenticated to view the full text of this chapter or article.

Access options

Get access to the full article by using one of the access options below.

Other access options

Redeem Token

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institutional Access

Personal login

Log in with your Elgar Online account

Login with your Elgar account
Cover Handbook of Game Theory and Industrial Organization, Volume I
Handbook of Game Theory and Industrial Organization, Volume I
Edited by
Luis C. Corchón
and
Marco A. Marini
Handbook
Published:
23 Feb 2018
Print ISBN:
9781785363276
eISBN:
9781785363283
DOI:
https://doi.org/10.4337/9781785363283
Pages:
576
Collection:
Economics 2018
Buy Print