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INFINITE ASYMMETRIC EQUILIBRIA IN MIXED OLIGOPOLIES
Author(s) -
Colombo Stefano
Publication year - 2018
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/boer.12131
Subject(s) - oligopoly , cournot competition , economics , microeconomics , mathematical economics
We show that infinite asymmetric equilibria may be supported in a mixed Cournot oligopoly with identical private firms. This sharply contrasts with the case of private Cournot oligopolies, where only symmetric equilibria arise.