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Cournot Competition
Cournot Competition
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Cournot Competition
Cournot Competition
Oligopoly
Imperfect Competition
Economic Theory
A form of oligopolistic competition where firms simultaneously decide their quantity of output, influencing the market price.
Read more about Cournot Competition.
Definitions
Reaction Curve
Game Theory
Economics
Cournot Competition
Nash Equilibrium
An optimal strategy of one player in a game expressed as a function of the strategy choices of other players
Read more about Reaction Curve.
Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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