SFB 303 Discussion Paper No. A - 6

Author: Okuguchi, Koji, and Ferenc Szidarovszky
Title: Dynamics of the Cournot Oligopoly with Multi-Product Firms
Abstract: The stability of the Cournot equilibrium for a linear oligopoly with multi-product firms is analyzed both for continuous and discrete systems for output adjustments. The equilibrium is shown to be stable for the continuous system independently of the values of the adjustment coefficients. It is, however, stable only in duopoly when the discrete system is considered.
Creation-Date: October 1986
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