Economics Dictionary of ArgumentsHome
| |||
|
| |||
| Cournot Competition - Economics Dictionary of Arguments | |||
| Cournot Competition: Cournot Competition is a market model where firms compete by choosing output quantities rather than prices. Each firm assumes its rival’s output is fixed when deciding its own. The equilibrium occurs when no firm can increase profit by changing output alone. It typically applies to oligopolies with a small number of producers. See also Competition, Bertrand competition._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Norman, Victor D. | Cournot Competition | Norman, Victor D. | |
|
Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-07-19 | |||
