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Cournot assumption

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  • Cournot competition — is an economic model used to describe an industry structure in which companies compete on the amount of output they will produce, which they decide on independently of each other and at the same time. It is named after Antoine Augustin Cournot[1] …   Wikipedia

  • Cournot conjecture — In economic theory (specifically imperfect competition theory), the Cournot conjecture is an assumption introduced by 19th century economist Antoine Augustin Cournot for his Cournot competition model. In this model, the Cournot conjecture is the… …   Wikipedia

  • Cournot, Antoine-Augustin — born Aug. 28, 1801, Gray, France died March 31, 1877, Paris French economist and mathematician. The first economist to apply mathematics effectively to the treatment of economic questions, he made important contributions with his discussion of… …   Universalium

  • Mathematical economics — Economics …   Wikipedia

  • Game theory — is a branch of applied mathematics that is used in the social sciences (most notably economics), biology, engineering, political science, computer science (mainly for artificial intelligence), and philosophy. Game theory attempts to… …   Wikipedia

  • Stackelberg competition — The Stackelberg leadership model is a strategic game in economics in which the leader firm moves first and then the follower firms move sequentially. It is named after the German economist Heinrich Freiherr von Stackelberg who published Market… …   Wikipedia

  • Nash equilibrium — A solution concept in game theory Relationships Subset of Rationalizability, Epsilon equilibrium, Correlated equilibrium Superset of Evolutionarily stable strategy …   Wikipedia

  • Bertrand competition — is a model of competition used in economics, named after Joseph Louis François Bertrand (1822 1900). Specifically, it is a model of price competition between duopoly firms which results in each charging the price that would be charged under… …   Wikipedia

  • Perfect competition — Economics …   Wikipedia

  • Arrow's impossibility theorem — In social choice theory, Arrow’s impossibility theorem, the General Possibility Theorem, or Arrow’s paradox, states that, when voters have three or more distinct alternatives (options), no voting system can convert the ranked preferences of… …   Wikipedia

  • Philosophy of history — or historiosophy is an area of philosophy concerning the eventual significance, if any, of human history. Furthermore, it speculates as to a possible teleological end to its development that is, it asks if there is a design, purpose, directive… …   Wikipedia

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