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| Thomas Riechmann |
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| ''Mixed motives in a Cournot game'' |
| ( 2006, Vol. 4 No.29 ) |
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| The paper analyzes a Cournot model with two types of firms: Maximizers of profits and maximizers of relative payoffs. It is shown that the equilibrium is located somewhere between the regular Cournot-Nash equilibrium and the competitive Walrasian (or Bertrand-) equilibrium. |
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| Keywords: Bertrand Equilibrium |
JEL: D4 - Market Structure and Pricing: General
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| Manuscript Received : Sep 19 2006 | | Manuscript Accepted : Sep 20 2006 |
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