Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 445611
Title Inferior Factor in Cournot Oligopoly Revisited
Author(s) Mouche, P.H.M. van; Bertoletti, P.
Source Journal of Economics 112 (2014)1. - ISSN 0931-8658 - p. 85 - 90.
DOI https://doi.org/10.1007/s00712-013-0342-8
Department(s) Economics of Consumers and Households Group
WASS
Publication type Refereed Article in a scientific journal
Publication year 2014
Keyword(s) equilibrium
Abstract We reconsider the recent work by Okuguchi (J Econ 101:125–131, 2010) on (possibly asymmetric) Cournotian firms with two production factors, one being inferior for each firm. It is shown there that an increase in the price of the inferior factor does raise the equilibrium industry output. In addition of providing a simpler and more rigorous proof of that result, we generalize it to the case of technologies with TeX factors and also allow some firms not to use the inferior one.
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