R&D games in a Cournot duopoly with isoelastic demand functions: A comment

C-Tier
Journal: Economic Modeling
Year: 2011
Volume: 28
Issue: 6
Pages: 2873-2876

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In a recent paper, Tramontana (Economic Modelling, 27; 350–357, 2010) investigates the stability properties of a Cournot Duopoly game when the demand function is isoelastic. In this note, we show that for some well known applications of two-stage Cournot games (D. Aspremont and Jacquemin, American Economic Review, 78, 1122–1137, 1988) an isoelastic demand function can guarantee both the existence and the uniqueness of a Nash Equilibrium even in cases where existence is not obtained with linear demands.

Technical Details

RePEc Handle
repec:eee:ecmode:v:28:y:2011:i:6:p:2873-2876
Journal Field
General
Author Count
1
Added to Database
2026-01-25