COURNOT MODEL - CHARACTERISTICS AND APPLICABILITY (Model Cournota - charakterystyki i mozliwosci zastosowania)

• Authors: Czerwonka Leszek
• Languages of publication: PL

Abstracts

EN

The article presents Cournot model's features and characteristics and the possibility of its usage. The aim of the paper is to analyze the value of such variables as: output, price, revenue, profit in the Cournot equilibrium; depending on changes of such model's parameters as: number of firms, or value of cost function's parameters. Due to this analysis it should be easier to use the Cournot model for modeling economic processes.

Keywords

EN

COURNOT EQUILIBRIUM; COURNOT MODEL; MARKET STRUCTURE (D4); OLIGOPOLY (D43)

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Spółdzielczy Instytut Naukowy G. Bierecki sp.j.
• Journal: Pieniądze i Więź
• Year: 2010
• Volume: 13
• Issue: 1(46)
• Pages: 174-186
• Document type: ARTICLE

Contributors

author

Czerwonka Leszek

• Leszek Czerwonka, Uniwersytet Gdanski, Wydzial Ekonomiczny, Katedra Mikroekonomii, ul. Armii Krajowej 119/121, 81-824 Sopot, Poland

Identifiers

CEJSH db identifier

10PLAAAA080915