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A note on quantity precommitment, Cournot outcome and asymmetric capacity costs

Abstract : This paper extends Kreps and Scheinkman's 1983 result, which shows that a production capacity choice stage followed by price competition yields the same outcome as a Cournot game, to a setting where capacity costs are asymmetric.
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https://hal-enac.archives-ouvertes.fr/hal-01021567
Contributor : Laurence Porte <>
Submitted on : Thursday, July 17, 2014 - 2:56:13 PM
Last modification on : Tuesday, October 20, 2020 - 10:32:04 AM
Long-term archiving on: : Thursday, November 20, 2014 - 4:55:42 PM

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Nicolas Gruyer. A note on quantity precommitment, Cournot outcome and asymmetric capacity costs. Economics Bulletin, Economics Bulletin, 2009, 29 (1), pp 384-391. ⟨hal-01021567⟩

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