Cournot Competition (n firms and plenty of calculus)

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Matt Birch
Published at : 29 Oct 2020
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In this video I show how to solve for Cournot quantities among n competing firms. I start with very generalized functions and characterize the solution. Then I parameterize the functions to obtain an analytical solution. A brief discussion of when to use firm symmetry is also included. This is appropriate for any microeconomics course, so long as the students are comfortable with calculus.
quantityquantity competitionindustrial organization

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