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Alternative Objectives in an Oligopoly Model : An Aggregative Game Approach

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タイトル: Alternative Objectives in an Oligopoly Model : An Aggregative Game Approach
著者: Itaya, Jun-ichi 著作を一覧する
Cornes, Richard 著作を一覧する
キーワード: Aggregative Game
Hahn’s Condition
Non-profit Maximization
Share Function
発行日: 2016年11月 6日
出版者: Graduate School of Economics and Business Administration, Hokkaido University
誌名: Discussion Paper, Series A
巻: 307
開始ページ: 1
終了ページ: 31
抄録: A rapidly growing literature analyzes models in which firms maximize objectives other than profit and enjoy market power. Examples include the labor-managed firm, mixed oligopoly, and delegation models. These models typically retain the aggregative structure of the conventional Cournot model of imperfect competition. We exploit this fact and apply the framework recently developed by Cornes and Hartley (2005, 2011) to analyze the properties of the equilibrium in such games. We show that existing treatments often make more restrictive assumptions than necessary to generate their results. Specifically, we identify conditions sufficient to ensure the existence of a unique equilibrium, and we explore the comparative static properties of these conditions.
資料タイプ: bulletin (article)
出現コレクション:Series A

提供者: 板谷 淳一


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