Two Remarks on Cournot Equilibria
Abstract
One remark explains how Cournot equilibrium responds to taxation on the duopolists. (To maximize revenue, tax 'em the same) The other remark answers the question, What does Cournot Equilibrium maximize.Suggested Citation
Ted Bergstrom and Hal R. Varian. "Two Remarks on Cournot Equilibria" Economics Letters 19.1 (1985): 5-8.
Available at: http://works.bepress.com/ted_bergstrom/65