So from the point of view of the producers, this CournotEquilibrium is worse than monopoly, but better than perfect competition.
从生产者的角度来看,古诺均衡劣于垄断,优于完全竞争。
2
The equilibrium of complete information dynamic Duopoly quantity competition in continuous-time is the same with Cournotequilibrium of complete information static quantity competition.
在完全信息连续时间动态产量博弈中,均衡解和完全信息静态产量博弈的古诺均衡相同。
3
It is shown that under a certain hypothesis of market, the slope of reaction function in duopoly model is between - 1 and 0, which leads to possible unstability for Cournotequilibrium.