Storage Behaviour Of Cournot Duopolists Over The Business Cycle
作者： Sebastien Mitraille
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摘要: I disentangle the ”commitment effect” from ”smoothing of inventories in a model two periods Cournot competition to show their dependence cost production and size market demand. that one is more likely observe constitution strategic when enters downturn: firms can credibly flood exert some leadership. In case leader’s cover entire second period sales equilibrium game asymmetric. an upturn symmetric are prevail equilibrium. JEL Classification: L13, D43
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