Cournot competition, imitation, and information networks

C-Tier
Journal: Economics Letters
Year: 2019
Volume: 176
Issue: C
Pages: 83-85

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

We develop a stochastic learning model of Cournot competition on arbitrary networks, where firms can only observe local information and imitate the locally best. The Walrasian equilibrium is uniquely selected for any connected information network.

Technical Details

RePEc Handle
repec:eee:ecolet:v:176:y:2019:i:c:p:83-85
Journal Field
General
Author Count
2
Added to Database
2026-01-29